Financial Supervisory Authority’s comment on Teboil entrepreneurs’ appeal

Teboil retailers have today, 4 November 2025, appealed to the Financial Supervisory Authority (FIN-FSA) and the Bank of Finland to secure payment transactions.

The FIN-FSA is monitoring the activities of its supervised entities with regard to measures resulting from the sanctions in question.

The FIN-FSA will also continue to cooperate closely with other authorities to find possible solutions.

At this stage, the FIN-FSA has nothing further to add to the supervision release (in Finnish) published regarding the matter on 23 October 2025.

The corresponding news release in Finnish and Swedish was published on 4 November 2025.

Yesterday, 4 November, there publicly arose the mistaken understanding that the FIN-FSA would not allow through payments made to Teboil entrepreneurs. The situation described by Teboil entrepreneurs is due, however, to sanctions imposed by the United States over which the FIN-FSA has no competence. The role of the FIN-FSA, moreover, does not include stopping payments or controlling financial transactions of any kind, but ensuring supervised entities, such as banks, comply with the sanctions binding on Finland.

The final paragraph of the news release was added on 5 November 2025.