IMF Staff Country Reports

Finland: Financial Sector Assessment Program-Technical Note on Regulation and Supervision of Less Significant Institutions

Publication Date:

February 1, 2023

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The Financial Sector Assessment Program (FSAP) conducted a focused review that primarily assessed banking regulation and supervision of Finland’s less significant institutions (LSIs).1 LSIs account for around 16 percent of Finland’s banking sector and the regulation and supervision of the rest of the banking sector takes place within the European Central Bank’s (ECB) Single Supervisory Mechanism (SSM). The Finnish Financial Supervisory Authority (FIN-FSA) is under the oversight of the ECB, responsible for the supervision of LSIs.

Series:

Country Report No. 2023/065

Subject:

International organization Monetary policy

Frequency:

regular