Funding and operating expences

The Financial Supervisory Authority finances its activities mainly by levying supervision and processing fees, which totaled EUR 42.8 million in 2023. In addition, a contribution of 5% is made by the Bank of Finland to the Authority’s funding costs. 

The Board of the Financial Supervisory Authority approves our budget, which is finally confirmed by the Board of the Bank of Finland. Total expense budget for 2024 is EUR 48.4 million. The majority of the expenses for our activities are composed of staff expenses, accounting for some EUR 29.9 million of the budget.

Other expenses amount to about EUR 18.5 million in the budget for 2024. IT and office premises costs make up most of other expenses.

For more detailed information, see the Annual Report 2023 (in Finnish).

FIN-FSA operating expenses in 2017–2023 and budget for 2024