New schedule of processing fees and amendments to Supervision Fees Act to take effect on 1 January 2024
The Financial Supervisory Authority’s new schedule of processing fees will take effect on 1 January 2024.
The processing fees have been adjusted to reflect changes in costs, and the fees will increase by around 4%, on average.
In addition, individual product changes have been made, and some regulations specified, in sections 1 Credit Institution Activities and Other Activities Related to Credit Provision, 3 Fund Activities, 4 Investment Firm Activities and Related Activities, 5 Securities Markets, and 6 Insurance Activities and Related Activities.
The schedule of processing fees is available on the FIN-FSA website.
In accordance with the supervision release published on 6 November 2023, the Finnish Parliament has adopted the Government proposal for amendments to the Supervision Fees Act. The new Act will enter into force on 1 January 2024.
For further information please contact
Tommi Tulonen, Senior Specialist, telephone +358 9 183 5286 or tommi.tulonen(at)fiva.fi