Supervision release 17 July 2017 – 39/2017

Financial Supervisory Authority considers amendment to Regulations and guidelines 3/2015 regarding calculation of the loan-to-collateral ratio

On 6 June 2017, the Financial Supervisory Authority (FIN-FSA) issued updated instructions for the calculation of the loan-to-collateral ratio, which will enter into force on 1 October 2017. The FIN-FSA is currently assessing the need for certain updates to said Regulations and guidelines.

After the issuance of the Regulations and guidelines, it has appeared that the provisions concerning the evaluation of deficiency guarantees (Section 4.1, points 5–6) restrict the calculation of the fair value of third-party pledges posted as collateral in a manner not foreseen at the preparatory stage. For this reason, the FIN-FSA is reassessing the provisions concerning the calculation of the value of deficiency guarantees.

More details of any new amendments to the Regulations and guidelines will be communicated during August. The amendments are scheduled to become effective according to the original timetable on 1 October 2017.

For further information, please contact

  • Tomi Halme, Risk Specialist, tel. +358 9 183 5233,  e-mail tomi.halme(at), or
  • Torsten Groschup, Risk Specialist, tel. +358 9 183 5333, e-mail torsten.groschup(at)