Finnish Financial Supervisory Authority


The Finnish Financial Supervisory Authority is the financial supervisory authority responsible for the regulation of financial services in Finland.
Under European Union policy frameworks, the FIN-FSA is the national competent authority for Finland within European Banking Supervision. It is a voting member of the respective Boards of Supervisors of the European Banking Authority, European Insurance and Occupational Pensions Authority, and European Securities and Markets Authority. It provides the permanent single common representative for Finland in the Supervisory composition of the General Board of the Anti-Money Laundering Authority. It is also a member of the European Systemic Risk Board.

History

The Financial Supervisory Authority 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.