FIN-FSA
-
FIN-FSA announces renewed strategy with supervisory priorities
During 2026, the Finnish authority will focus on the operation of digital services and the financial preparedness of supervised entities.
-
Danko Koncar ordered to pay €120m in supplementary amounts of conditional fine
Danko Koncar failed to comply with the obligations to publish a public bid for shares in Afarak Group Plc.
-
Distribution channels biggest AML/TF risk in Finnish life insurance sector
General risk level remains at level two of a four-stage scale.
-
€500,000 penalty imposed on LocalBitcoins Oy for AML failings
The Finnish company failed to comply with anti-money-laundering regulations.
-
FIN-FSA issues combined €1m penalty payment on Alexandria Group Plc
The company failed to obtain required information about clients before providing investment advice.
-
S-Bank Plc to pay over €7m for omissions in operational risk management
Some of S-Bank’s customers experienced financial losses after criminals exploited the malfunction.
-
FIN-FSA reveals rise in investigations submitted to police in 2024
Finland’s Financial Supervisory Authority saw increasing variations of scams during 2024, and issued more penalty payments than before.
-
FIN-FSA fines Savcor Technologies, and BBS-Bioactive Bone Substitutes
The failures included omissions to notify managers’ transactions on time, and not informing individuals about their regulatory obligations.