Finnish Financial Supervisory Authority Explained

Agency Name:	Finnish Financial Supervisory Authority (FIN-FSA)
Nativename R:	Finanssivalvonta (Fiva) Finansinspektionen (FI)
Jurisdiction:	Finland
Headquarters:	Helsinki, Finland
Chief1 Name:	Mr. Tero Kurenmaa
Chief1 Position:	Director General

The Finnish Financial Supervisory Authority (FIN-FSA; Finnish: '''Finanssivalvonta''' or Fiva; Swedish: '''Finansinspektionen''' or FI) is the Financial regulatory authority responsible for the regulation of financial services in Finland. Since 2014, it has also been Finland's national competent authority within European Banking Supervision.^[1]

History

The Financial Supervisory Authority (FIN-FSA) 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 (in Finnish: Rahoitustarkastus [Rata]; also then in Swedish: Finansinspektionen [FI]).^[2]

See also

• Bank of Finland
• Finnish Financial Stability Authority
• Economy of Finland
• Securities Commission
• List of financial regulatory authorities by jurisdiction

Notes and References

1. Web site: ECB Banking Supervision . National supervisors.
2. http://www.finanssivalvonta.fi/en/About_us/Organisation/Pages/History.aspx Financial Supervisory Authority (Finland): History.