Supervisory Disclosure

One of the objectives behind prudential regulation and supervision is to increase transparency. With increased disclosure requirements for supervisors, supervised entities and other interested parties can receive information on prudential regulation and the execution of supervision in a centralised manner. Identical implementation of the disclosure requirement among the EU supervisors also allows meaningful comparison of information between the EU countries. This serves to promote both the uniformity of supervisory methods and the integration of the EU single market.

The supervisory disclosure requirement is based on Article 143(1) of the Capital Requirements Directive (2013/36/EU).

The Commission Implementing Regulation (2019/912) specifies the format, structure, contents list and annual publication date of the information to be disclosed.

The required information published by the FIN-FSA is organised in the following sections:

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Rules and guidance

This section provides information on national laws, regulations and guidelines pertaining to prudential supervision.

Rules and guidance (excel)

The section includes the following templates:

Part 1 Transposition of Directive 2013/36/EU

Part 2  Model approval

Part 3  Specialised lending exposures

Part 4  Credit risk mitigation

Part 5  Specific disclosure requirements applied to institutions

Part 6  Waivers for the application of prudential requirements

Part 7  Qualifying holdings in a credit institution

Part 8  Regulatory and financial reporting

Options and national discretions

This section provides information on the options and national discretions exercised by Finland on the basis of EU regulations. 

Options and discretions (excel)

The section includes the following templates:

Part 1  Options and discretions set out in Directive 2013/36/EU, Regulation (EU) N° 575/2013 and LCR Delegated Regulation (EU) 2015/61

Part 2  Transitional options and discretions set out in Directive 2013/36/EU and Regulation (EU) N° 575/2013

Part 3  Variable elements of remuneration (Article 94 of Directive 2013/36/EU)

Supervisory review

This section provides information on the application of international regulations concerning the Supervisory Review and Evaluation Process (SREP) of credit institutions in Finland. The purpose of the SREP is to ensure that supervised entities hold sufficient regulatory capital to cover their material risks and have in place sound corporate governance as well as internal control and risk management processes to ensure their operational stability. The SREP includes both quantitative and qualitative elements focusing on the level of risk management.

Supervisory review and evaluation process (SREP) (excel)

Statistical data

This section provides national statistical data on less significant credit institutions (LSIs) within the prudential framework. The data are presented on an aggregated basis. Data on significant Finnish institutions (Sis) subject to the ECB’s direct supervision are included in statistics published by the ECB.  

Statistics (excel)

The section includes the following templates:

Part 1 Consolidated data per Competent Authority
Part 2 Data on credit risk
Part 3 Data on market risk
Part 4 Data on operational risk
Part 5 Data on supervisory measures and administrative penalties
Part 6 Data on waivers

The corresponding information published by the prudential supervisors of the other EU countries is available via the website of the  European Banking Authority (EBA).