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.
-
Telephone advice in statutory types of insurance
-
Summary of sector-specific assessment of money laundering risk concerning payment service providers has been published
-
Updated EBA Guidelines on legislative and non-legislative moratoria on loan repayments applied in the light of the COVID-19 crisis incorporated into FIN-FSA’s set of regulations and guidelines
-
Questions and answers related to the submission and content of the preparedness plans
-
EBA calls for input on so-called de-risking measures taken and their impacts
-
Finnish financial sector has so far withstood the effects of the coronavirus pandemic well - operating environment remains uncertain, however
-
Financial Supervisory Authority extends the validity of its profit distribution recommendation until 1 January 2021 and clarifies expectations related to capital and liquidity buffers
-
Financial Supervisory Authority permits temporary exemptions for implementation of strong customer authentication in online card payments
-
Report on anti-money laundering and its implementation in Europe emphasises need for sufficient supervision resources and importance of international cooperation
-
ECB concludes comprehensive assessment of Nordea Bank Abp
-
EBA launched a Cost of Compliance questionnaire addressed to all European banks | EBA
-
Invitation to Reporting Webinar
-
EBA has published an amended implementing technical standard (ITS) for credit institutions – Covid19-demo workbooks have published | EBA
-
EBA has issued updated validation rules package, implementation of automatic control of reporting obligations at the template level, and DPM 2.9 FINREP workbooks downloadable from the Jakelu Distribution Service | EBA
-
Changes to the reporting of fee factors used in the determination of credit institutions’ ECB supervisory fees | EBA