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According to end-March data published by the Financial Supervisory Authority (FIN-FSA), the capital position of the Finnish banking and insurance sectors has remained good. Low interest rates pose a challenge to both the banking and the insurance sector. – Banking sector profitability is still at a reasonable level but remains under pressure, notes Anneli Tuominen, FIN-FSA's Director General. Read more
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The European Banking Authority EBA recommends asset quality reviews on EU banks before the stress tests.
Read EBA’s news release
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In her review, the Director General of the Financial Supervisory Authority, Anneli Tuominen, discusses what type of regulation is needed and why changes are required in supervision.
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