Finnish Financial Services Authority

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Finnish Financial Services Authority
Founded 2003
Headquarters Helsinki, Finland
Key People Anneli Tuominen, Director General
Website http:// www.fin-fsa.fi

The Finnish Financial Supervision Authority (FIN-FSA) [1] ensures financial stability and maintains public confidence in Finnish financial markets.

Organization and Purpose[edit]

The FIN-FSA evaluates the financial standing, risk-bearing capacity, and risk management systems of banks, investment service institutions, fund management companies and the Stock Exchange. Fin-FSA ensures that sound practices are observed and investigates suspected cases of insider information abuse and other securities market crimes.

History[edit]

International activities [2] comprise participation in various entities for cooperation and direct cooperation with the supervision authorities of other countries. The most important European organizations include: the Committee of European Banking Supervisors (CEBS) and the banking supervisors' cooperation organ under it (Groupe de Contact), the Banking Supervision Committee (BSC) under the European System of Central Banks, and the Committee of European Securities Regulators (CESR). Anneli Tuominen is the organization's representative on the Committee.

References[edit]

  1. About Us. Finnish Financial Services Authority.
  2. Cooperation. Finnish Financial Services Authority.