Supervision release 31 December 2013 – 91/2013

Financial sector regulations and guidelines on reporting of financial information (FINREP)

FIN-FSA has on 9 December 2013 issued regulations and guidelines on the reporting of financial information.

Contents and objective of the regulations

The reporting of financial information (FINREP) forms part of the reporting requirements set out in the Draft Implementing Technical Standards (ITS) on Supervisory Reporting published by the European Banking Authority (EBA). The draft standard is available at The European Commission will issue the final, binding technical standards as a Commission Regulation, which as such is binding on the Member States.

On its website EBA has a page for questions and answers, where all supervised entities can ask questions related to the interpretation of the new reporting requirements.

The financial sector regulations and guidelines (20/2013) on reporting of financial information provides instructions for submitting supervisory reports to FIN-FSA based on both the Commission Implementing Regulation and national rules and regulations.

In Finland the FINREP-based reporting of financial information will start at the beginning of 2014 for the entire scope of application of regulations and guidelines 20/2013 on reporting of financial information. The first FINREP report shall provide information on the situation as at 31 March 2014.

The FINREP forms, in combination with the enclosed FA and FT tables, will replace the current Tatu reporting. The scope of supervisory reporting and the first reporting date have been specified separately in each form. The table on the scope of reporting and the model forms are available on the regulations and guidelines page.

The reporting application will be published on 15 January 2014.

Entry into force of the regulations and guidelines

The regulations and guidelines will enter into force on 1 January 2014, except for section 3.1 and chapter 4.

The regulations and guidelines in section 3.1 and chapter 4 will enter into force on the same day as the Commission Implementing Regulation on submission of supervisory reports is issued.

Repealed regulations and guidelines

When the regulations and guidelines enter into force, they will repeal the provisions on submission of supervisory information in regulations and guidelines 1/2013 on accounting records, financial statements and management report in the financial sector.

For further information, please contact

  • Sinikka Loponen, analyst, tel. +358 10 831 5239 or sinikka.loponen(at)
  • Maj-Britt Tapiainen, accounting expert, tel. +358 10 831 5380 or maj-britt.tapiainen(at) (questions on contents of the FINREP reporting).