Banking supervision
The FIN-FSA’s banking supervision is responsible, in cooperation with the European Central Bank, for the prudential supervision of credit institutions. We supervise the credibility, risk management practices and risk-taking of credit institutions and are responsible for international cooperation in our field of competence, for example within the framework of colleges of supervisors.
We also process the authorisation and registration applications falling within our responsibility and participate in the development of legislation in our field of expertise.
We also supervise banks’ and payment service providers’ compliance with agreed practices and consumer protection rules. See the Consumer protection site.
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Clear shortcomings in valuation practices for real estate collateral and credit risk management for housing company loans
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Amendment to European Banking Authority’s ML/TF Risk Factors Guideline, applicable as of 30 December 2024
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EBA Guidelines on resubmission of historical data ‒ applicable as of 17 October 2024
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Standards 4.4c “Management of market risk” and 4.4d “Management of liquidity risk” have been repealed
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Supervised entities’ event concerning reformed Funds Transfer Regulation on 22 May 2024
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Financial sector's capital position as at 30 June 2024: Sluggish economic growth and geopolitical tensions have maintained the financial sector's risks at a high level – capital position has remained strong
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Request by the FIN-FSA for police investigation concerning Oma Savings Bank
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Subdued economic outlook is weakening the financial sector's operating environment – real estate market risks particularly increasing
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It is important for banks to ensure the availability of personal customer service and reasonably priced basic banking services
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Administrative fine imposed on Bank of Åland Plc for failures in reporting on derivatives contracts
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The Validation service and Reporter portal will have service breaks on week 47 | EBA EIOPA ESMA National reporting (Virati)
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Reporter Portal user instructions updated – only one entity to be selected for new messages | EBA EIOPA ESMA National reporting (Virati)
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EBA published first draft technical package for 4.0 reporting framework | EBA
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ECB has published new EGDQ checks | EBA
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Credit institutions’ branches operating in Finland must submit management letters related to the ECB’s supervisory fees to the FIN-FSA by 11 November 2024 I EBA