FIN-FSA Press Releases 2024
Summary
The Finnish Financial Supervisory Authority (FIN-FSA) has published a series of press releases throughout 2024 detailing its activities. These include macroprudential decisions, penalty payments for late notifications, and analyses of the financial sector's capital position and solvency.
What changed
This document is a compilation of press releases issued by the Finnish Financial Supervisory Authority (FIN-FSA) in 2024. It covers various regulatory and enforcement actions, including decisions on macroprudential instruments like the housing loan cap and countercyclical capital buffer, which have largely remained unchanged. The releases also detail penalty payments imposed on individuals and companies for late notification of managers' transactions, and provide updates on the solvency and capital positions of the Finnish financial sector, noting its resilience amid geopolitical uncertainty.
Compliance officers should note the FIN-FSA's ongoing enforcement activities related to transaction reporting deadlines and its continuous monitoring of the financial sector's stability. While most macroprudential decisions reported here indicate no changes, the penalty payments highlight the importance of adhering to notification requirements. The analysis of the financial sector's capital position serves as an indicator of the regulatory environment and potential future focus areas for the FIN-FSA.
Penalties
Penalty payments were issued to three natural persons and three companies for late notification deadlines of managers' transactions.
Source document (simplified)
Publications and press releases
- Press release
18 December 2024
Macroprudential decision: No changes to macroprudential instruments – both the housing loan cap and countercyclical capital buffer requirement for banks to remain unchanged Loan cap Countercyclical capital buffer
- Press release
12 December 2024
Penalty payments to three natural persons for late notification deadlines of managers’ transaction Press release FIN-FSA penalty payment
- Press release
11 December 2024
Financial sector's capital position as at 30 September 2024: The solvency of the Finnish financial sector remained strong amid increasing geopolitical uncertainty Press release FIN-FSA financial sector solvency
- Press release
27 November 2024
Helsinki Administrative Court issued its decision on appeal by Ermitage Partners Oy helsinki administrative court decision ermitage partners oy
- Press release
17 October 2024
Penalty payments to three companies for late notification of managers’ transaction FIN-FSA Press release penalty payment
- Press release
10 October 2024
Differences in Finnish banks’ impairment staging of loans – Timely and adequate loan loss provisioning requires effective credit risk management FIN-FSA Press release banks analysis credit risks
- Press release
1 October 2024
Macroprudential decision: Housing loan cap and countercyclical capital buffer requirement for banks remain unchanged Loan cap Countercyclical capital buffer Systemic risk buffer Denmark
- Press release
12 September 2024
Financial sector's capital position as at 30 June 2024: Sluggish economic growth and geopolitical tensions have maintained the financial sector's risks at a high level – capital position has remained strong FIN-FSA Press release capital position financial sector
- Press release
27 June 2024
Macroprudential decision: Housing loan cap and capital buffer requirements for banks remain unchanged Loan cap Countercyclical capital buffer O-SII
- Press release
13 June 2024
Financial sector's capital position as at 31 March 2024: Finnish financial sector’s solvency remained strong in an uncertain operating environment press release FIN-FSA financial sector Solvency
- Press release
12 June 2024
FIN-FSA surveyed the availability and pricing of basic banking services - no significant changes in availability or pricing compared with the past FIN-FSA Press release banking services basic banking services survey
- Press release
4 June 2024
Penalty payment of EUR 15,000 to Alami Services Oy for failures in compliance with AML regulation FIN-FSA Press release
- Press release
4 June 2024
Penalty payment of EUR 25,000 to Roble Services Oy for failures in compliance with AML regulation FIN-FSA Press release
- Press release
6 May 2024
Request by the FIN-FSA for police investigation concerning Oma Savings Bank request to the police securities market offence bank
- Press release
28 March 2024
Macroprudential decision: Housing loan cap and countercyclical capital buffer requirement for banks remain unchanged loan cap risk weight floors
- Press release
21 March 2024
FIN-FSA’s assessment: some consumer lenders fail to manage default risks adequately, shortcomings also in contract terms
- Press release
19 March 2024
Payment-related frauds and scams are a growing phenomenon – Financial Supervisory Authority investigation reveals scope for improving security of banking transactions Press release banking services
- Press release
13 March 2024
Strong year in financial sector despite uncertain operating environment – economic developments and geopolitical situation the most significant risks also in 2024 FIN-FSA Press release capital position financial sector
- Press release
25 January 2024
Penalty payment imposed on former board member of listed company for violation of prohibition on transactions FIN-FSA Press release penalty payment decision
- Press release
25 January 2024
Administrative fine imposed on Keva for failures in reporting derivative contracts FIN-FSA Press release administrative fine reporting
- Press release
9 January 2024
Finnish banks’ liquidity position stable but vulnerable to severe and long disruptions financial sector Press release FIN-FSA banks
Related changes
Source
Classification
Who this affects
Taxonomy
Browse Categories
Get Banking & Finance alerts
Weekly digest. AI-summarized, no noise.
Free. Unsubscribe anytime.
Get alerts for this source
We'll email you when FIN-FSA Press Releases publishes new changes.