Supervisory work of the Financial Supervisory Authority

Supervisory work of the Financial Supervisory Authority

The role of the Financial Supervisory Authority (FIN-FSA) is to supervise the activities of financial market participants. We supervise approximately 1,000 financial market participants, from which we obtain information through ongoing supervision and reporting as well as through inspections, for example. The FIN-FSA’s supervisory activities include, among others, inspections, thematic reviews and supervisory reviews.

The objective of the FIN-FSA’s activities is to ensure the balanced operation of credit, insurance and pension institutions and other regulated supervised entities, as required by the stability of financial markets, and to safeguard the interests of the insured and maintain public confidence in the functioning of financial markets.

Financial sector regulation is mainly at the EU level, but regulatory compliance is, as a rule, monitored at the national level, such as by the FIN-FSA. We participate in the work of the European Supervisory Authorities, and we cooperate, in particular, with Nordic supervisors.