What is Finnish Financial Supervisory Authority (FIN-FSA)? Finnish Financial Supervisory Authority (FIN-FSA) Review, Features

The Finnish Financial Supervisory Authority (FIN-FSA) regularly provides information on the financial situation of regulated entities and regulatory changes.

About the Finnish Financial Supervisory Authority (FIN-FSA)

We are also responsible for raising public awareness of financial markets, current issues of concern to citizens, and new products and services on the market. More than 20 press releases are issued each year and press conferences are organized. In addition, our experts write about topical issues on our blog. Direct communication with supervised citizens is carried out through supervision bulletins. Information about publications, appearances and vacancies is posted on Twitter. A Market Newsletter is also produced, in which information is provided on issues such as insider trading at listed companies, disclosure requirements and prospectus supervision.

Statistics

The Financial Supervisory Authority publishes various statistics on securities and credit markets and insurance activities. Some statistics are updated monthly, some quarterly or semi-annually, and some annually.

The Financial Supervisory Authority, Statistics Finland and the Bank of Finland have compiled summary tables of data collection and statistics on credit and insurance institutions from the authorities and other institutions. These tables are checked every year to ensure that they are up to date.

Despite the deteriorating environment, the Finnish financial sector remains solvent. Solvency of the pension funds and banking sectors weakened slightly but remains strong. Solvency has improved in both the non-life and life insurance sectors. However, due to the changed environment, the Financial Supervisory Authority is paying special attention to the management of credit, market, liquidity and cyber risks, the functioning of risk management and governance systems, and the implementation of disclosure requirements.