Finnish Financial Supervisory Authority

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Finnish Financial Supervisory Authority (FIN-FSA)
Finanssivalvonta (Fiva)
Finansinspektionen (FI)
Finnish Financial Supervisory Authority logo.png
Finnish Financial Supervisory Authority
Rahoitustarkastus.jpg
FIN-FSA building in Kruunun­haka, Helsinki
Agency overview
FormedJanuary 1, 2009 (2009-01-01)
Jurisdiction Finland
Headquarters Helsinki, Finland
Agency executive
  • Mr. Tero Kurenmaa, Director General
Website www.finanssivalvonta.fi

The Finnish Financial Supervisory Authority (FIN-FSA; Finnish : Finanssivalvonta or Fiva; Swedish : Finansinspektionen or FI) is the financial supervisory authority responsible for the regulation of financial services in Finland.

Contents

Under European Union policy frameworks, the FIN-FSA is the national competent authority for Finland within European Banking Supervision. [1] It is a voting member of the respective Boards of Supervisors of the European Banking Authority (EBA), [2] European Insurance and Occupational Pensions Authority (EIOPA), [3] and European Securities and Markets Authority (ESMA). [4] It provides the permanent single common representative for Finland in the Supervisory composition of the General Board of the Anti-Money Laundering Authority (AMLA). [5] It is also a member of the European Systemic Risk Board (ESRB). [6]

History

The Financial Supervisory Authority (FIN-FSA) was established on 1 January 2009, following a merger of the former Financial Supervision Authority and the Insurance Supervisory Authority. FIN-FSA operates in connection with the Bank of Finland. The predecessor of the Financial Supervision Authority was the Banking Supervision Office (in Finnish: Rahoitustarkastus [Rata]; also then in Swedish: Finansinspektionen [FI]). [7]

See also

References

  1. ↑ "National supervisors". ECB Banking Supervision. Retrieved 19 November 2025.
  2. ↑ "Members and Observers". European Banking Authority. Retrieved 19 November 2025.
  3. ↑ "Board of Supervisors". EIOPA. Retrieved 19 November 2025.
  4. ↑ "Board of Supervisors". ESMA. Retrieved 19 November 2025.
  5. ↑ "General Board in Supervisory composition". AMLA. 13 November 2025.
  6. ↑ "List of ESRB Members and National Macroprudential Authorities". European Systemic Risk Board. 21 November 2025.
  7. ↑ Financial Supervisory Authority (Finland): History. Archived 2018-09-01 at the Wayback Machine
    Finansinspektionen: Historik. Archived 2016-03-04 at the Wayback Machine
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