FIN-FSA has updated its guidance to emphasize evolving terrorist financing risks, calling on supervised entities to ensure correct risk assessment.
FIN-FSA
FIN-FSA issues penalty payments over reporting and insider list failures
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The Finnish authority has issued penalty payments on one bank and two companies.
Despite a resilient financial sector, economic development, cyber risks, and competitiveness are reshaping the supervisory approach.
During 2026, the Finnish authority will focus on the operation of digital services and the financial preparedness of supervised entities.
Danko Koncar failed to comply with the obligations to publish a public bid for shares in Afarak Group Plc.
General risk level remains at level two of a four-stage scale.
The Finnish company failed to comply with anti-money-laundering regulations.
The company failed to obtain required information about clients before providing investment advice.