Funding and operating expences

The Financial Supervisory Authority finances its activities mainly by levying supervision and processing fees, which totaled EUR 25.5 million in 2017. In addition, a contribution of 5% is made by the Bank of Finland to the Authority’s funding costs. 

The Board of the Financial Supervisory Authority approves our budget, which is finally confirmed by the Board of the Bank of Finland. Total expense budget for 2018 is EUR 32.5 million. The majority of the expenses for our activities are composed of staff expenses, accounting for some EUR 19.7 million of the budget.

Other expenses amount to about EUR 12.8 million in the budget for 2018. IT and office premises costs make up most of other expenses.

FIN-FSA operating expenses in 2011–2017 and FIN-FSA budget for 2018 

For more detailed information, see the Annual Report 2017.

EUR millions 2011 2012 2013 2014 2015 2016 2017 Budget 2018
Staff expenses 18,5 17,4 18,0 16,9 16,6 16,0 15,5 19,7
Other expenses   7,6   7,4   8,3   9,3   9,4   9,7 10,1 12,8
Total 26,1 24,8 26,3 26,2 26,0 25,7 25,6 32,5