Conditions concerning users of direct electronic access from third countries added to FIN-FSA regulations and guidelines 14/2013

By virtue of its regulatory powers based on the Act on Trading in Financial Instruments (1070/2017), the Financial Supervisory Authority has incorporated into FIN-FSA regulations and guidelines 14/2013 the prerequisites for a foreign investment service provider or another person to act as a client using direct electronic access. Regulations and guidelines 14/2013 (Third-country members) have been amended as follows:

• Conditions subject to which a third-country investment service provider or another person may use direct electronic access were introduced by amending chapters 1.2, 3, 4 and 5.
• The dates of issue and entry into force of chapter 2.3 were not amended, since the regulatory powers to issue rules and regulations are included in existing provisions in chapter 3, section 36(2) and chapter 5, section 18 of the Act on Trading in Financial Instruments.

The amendments to FIN-FSA regulations and guidelines 14/2013 will enter into force on 1 January 2022.

For further information, please contact

Henrik Kallio, Senior Market Supervisor, telephone +358 9 183 5210 or henrik.kallio(at)fiva.fi

Appendix

Regulations and guidelines 14/2013 (Third-country members)