FIN-FSA has updated its guidance to emphasize evolving terrorist financing risks, calling on supervised entities to ensure correct risk assessment.
Finland
New Nordics AI (NNAI)’s interim leadership explores what it takes to accelerate AI adoption and support EU AI Act compliance across the region.
Declaration reflects shared regional approach to AI and GDPR compliance alongside strengthened cooperation across evolving digital rulebook.
The Finnish authority has issued penalty payments on one bank and two companies.
Finnish financial firms are moving from AI experimentation to operational scaling, but the sector has yet to experience full AI-driven transformation.
Despite a resilient financial sector, economic development, cyber risks, and competitiveness are reshaping the supervisory approach.
The Nordic-Baltic region’s highly integrated, digitally savvy environment grounds itself in dialogue and collaboration – and presents demanding roles for compliance professionals.
Launched in October 2025, and financed by the Nordic Council of Ministers, New Nordics AI is an initiative that supports the region in creating competitive and responsible AI solutions.