Notifications

What should be notified?

Banks

Credit institutions

Finnish credit institutions

Information reported on standard forms or as separate files

Regulations and guidelines Information to be reported Reporting frequency and reference dates Submission dates and email address

Supervision releases
7 May 2015 - 18/2015
5 June 2015 - 24/2015

Regulation (EU) 1163/2014 of The European Central Bank (ECB/2014/41) and Decision (EU) 2015/530 (ECB/2015/7)

Collection of supervisory fee data by the European Central Bank COF

Annually

On 1 July at the latest

Act on Credit Institutions

1. Decision-making of the general meeting concerning a high maximum share of variable remuneration - Chapter 8 Section 8

 

Without delay

kirjaamo(at)finanssivalvonta.fi

see above

2. Data collection regarding high earners - Chapter 8 Section 16

Annually

30 June

kirjaamo(at)finanssivalvonta.fi

see above

3. Remuneration Benchmarking data collection - Chapter 8 Section 16 Annually

30 June

kirjaamo(at)finanssivalvonta.fi

RA1.4 section 5.1

Act on the Supervision of Financial and Insurance Conglomerates Chapter 2 Section 14

Reporting of information on fitness and propriety

LSI supervised entities:
Fit & Proper form L3 (word)

SI supervised entities:
Fit & Proper Form (word)

 

Without delay after the appointment or a change in the person’s responsibilities, and no later than two weeks from the appointment decision or from the date at which the person takes up the new position

kirjaamo(at)finanssivalvonta.fi

8/2014

Management of operational risk in supervised entities of the financial sector

 

 

  • section 9.1

Reporting of disruptions and faults in operations

Error report form (excel)

 

Without delay

hairio(at)finanssivalvonta.fi

  • see above

Major payment service incident report 

Major incident report form (excel)

 

According to deadlines in EBA Guidelines (GL/2017/10)

  • section 9.2

Annual report on losses from operational risk

Damage report form (word)

 

opriskivahinko(at)finanssivalvonta.fi

25/2013 section 10.3

Capital requirements calculation and large exposures

Form available only in Finnish: Suurten asiakasriskien ylitysraportointiin tarkoitettu ylitysilmoituslomake (excel)

 

Without delay

kirjaamo(at)finanssivalvonta.fi

105.2 section 2

Reporting of shares and real estate held by credit institutions and their consolidation groups

The related forms are available on the FIN-FSA's website

Annually on the situation as at 31 December

On 1 April at the latest

FivaRaportointi(at)finanssivalvonta.fi

Government Decree 208/2014
Act on Credit Institutions (610/2014) chapter 3 section 1 
Act on the Supervision of Financial and Insurance Conglomerates (699/2004) section 11

Acquisition and disposal of shares and participations in credit institutions 

Change in holding / Notification form (word) for natural persons available in Finnish or in Swedish 

Change in holding / Notification form (word) for legal persons available in Finnish or in Swedish

Change in holding / Notification form (word) for target company available in Finnish or in Swedish

 

kirjaamo(at)finanssivalvonta.fi

9/2017

Assessment of acquisitions and increases of qualifying holding

 

kirjaamo(at)finanssivalvonta.fi

Regulation (EU) 2017/847 on information accompanying transfers of funds

5/2018 Information on the payer and the payee that has to accompany a transfer of funds

Notification regarding failure to provide required information on payer or payee and the steps taken

The related form is available on the FIN-FSA's website 

 

Without delay and

and no later than three months after identifying the repeated failing by the (intermediary) payment service provider.

maksuntiedot(at)fiva.fi

Information reported in free form

Regulations and guidelines Information to be reported Reporting frequency and reference dates Submission dates and email address
3/2014 Authorisations, registrations and notifications  

kirjaamo(at)finanssivalvonta.fi

RA1.1 section 4
(Act on Credit Institutions chapter 5 section 15)
TaYL chapter 6 section 33)
Act on the Supervision of Financial and Insurance Conglomerates chapter 2
Reporting of intra-group transactions

Quarterly
31 March, 30 June, 30 September, 31 December

15 May, 15 August, 15 November, 28/29 February  

FivaRaportointi(at)finanssivalvonta.fi

RA1.2 section 4
Act on Credit Institutions chapter 5 section 13
Act on the Supervision of Financial and Insurance Conglomerates chapter 2 section 10
Acquisition of controlling interest in undertakings authorised in non-EEA states

 

In advance, before acquisition of controlling interest

kirjaamo(at)finanssivalvonta.fi

1/2012 section 8 Outsourcing

 

In advance

kirjaamo(at)finanssivalvonta.fi

2/2016 section 13.2.2

Submission of financial statements

  • Copy of financial statements and consolidated financial statements, and of the management report
  • Copy of audit report
  • Copy of the minutes of the annual general meeting or of the corresponding body that dealt with the financial statements

Annually

Within two weeks from the approval of the financial statements

Kirjaamo(at)finanssivalvonta.fi

see above

Financial report

(company’s half-yearly report and 3-month or 9-month information published regularly on the company’s financial result and financial position)

 

By each specific period

Kirjaamo(at)finanssivalvonta.fi

2/2016 section 13.3.2

Reports of auditors to the supervised entity, its holding company or subsidiary

 

Within two weeks from the submission of the report to the supervised entity

RA4.10 section 5

Reporting of related-party loans and investments

Annually, on the situation as at 31 December

Within two months from the reference date

kirjaamo(at)finanssivalvonta.fi

Act on Credit Institutions
chapter 4 section 7 subsection 2

A credit institution may
not start operations
before it has submitted
the following
documentation to FIN-FSA:

  1. a complete extract from the trade register, including the articles of association or by-laws of the credit institution
  2. the names of the members and deputy members of the Supervisory Board and Board of Directors, the chief executive officer and his or her deputy, the auditors and deputy auditors, as well as any other pertinent information on them.

In case of a change in the information as referred to in subsection 2, any new information must be submitted to FIN-FSA without delay. 

 

 

8/2014 section 9.3

Annual assessment of operational and security risks of payment services (free-form risk assessment)

 

Annually by 28 February.

First assessment by 28 February 2019.

operatiivinenriski(a)finanssivalvonta.fi

Standard 1.5 section 6

Act on the Supervision of Financial and Insurance Conglomerates chapter 2 section 9

Recognition of a financial and insurance conglomerate and its holding company

 

Without delay, after the company has received notice that it is part of a conglomerate

kirjaamo(at)finanssivalvonta.fi

7/2015 sections 5.1 and 5.2

Information on the structure of a financial and insurance conglomerate as well as verification and reconciliation calculations and details of capital adequacy calculations

Annually, on the situation as at 31 December 

Annually by 28 February

FivaRava-vakavaraisuusraportit(at)fiva.fi

 

Payment service providers

Authorised payment institutions

Information reported on standard forms or as separate files

Regulations and guidelines Information to be reported Reporting frequency and reference dates
8/2016 chapter 8.3.1

 

Reporting of fitness and propriety information to the FIN-FSA

Form available In Finnish (word)

A report must made in connection with an authorisation application and when submitting a notification on providing payment services without an authorisation or on using an agent. When a new person is selected for a position mentioned above, a report must be submitted immediately after the appointment or change in responsibilities, no later than two weeks from the decision.

Information reported in free form

Regulations and guidelines Information to be reported Reporting frequency and reference dates
8/2016 chapter 7.1 Establishment of a branch in another EEA country Notification in advance to the FIN-FSA
8/2016 chapter 7.2 Establishment of a branch a non-EEA country Apply for authorisation in advance from the FIN-FSA
8/2016 chapter 7.3 Provision of services to another EEA country Services to be provided must be notified in advance to the FIN-FSA
8/2016 chapter 8.3.2 ja standardin RA1.2 keskeiset periaatteet pl. chapter 5

Acquisition of controlling interest in undertakings authorised in a non-EEA country

Notification instructions: standard RA1.2

A reporting entity must notify the FIN-FSA in advance about the acquisition of controlling interest
8/2016 chapter 8.3.3

Notification of outsourcing of significant activities

Notification instructions: 1/2012 Outsourcing in supervised entities belonging to the financial sector

A payment institution must notify the FIN-FSA in advance about the outsourcing of significant activities with respect to a payment service
8/2016 chapter 8.3.4

Notification of the use of an agent in the provision of payment services

Notification instructions: 1/2012 Outsourcing in supervised entities belonging to the financial sector

A payment institution must notify the FIN-FSA in advance about the use of an agent
8/2016 chapter 8.3.5

Notification of events related to operational risk

Notification instructions: 8/2014 Management of operational risk in supervised entities of the financial sector

A payment institution must provide the FIN-FSA immediately with information on any significant operational disruptions and incidents related to a payment service as well as a report in writing on the details of the events as soon as possible
8/2016 chapter 8.3.6

Notification of ownership changes

Change in holding / Notification form (word) for natural persons available in Finnish or in Swedish 

Change in holding / Notification form (word) for legal persons available in Finnish or in Swedish

Change in holding / Notification form (word) for target company available in Finnish or in Swedish

A notification must be made without delay in connection with ownership changes

Registered payment service providers operating without authorisation

Information reported on standard forms or as separate files

Regulations and guidelines Information to be reported Reporting frequency and reference dates
8/2016 chapter 8.3.1

 

Reporting of fitness and propriety information to the FIN-FSA

Form available In Finnish (word)

A report must made in connection with an authorisation application and when submitting a notification on providing payment services without an authorisation or on using an agent. When a new person is selected for a position mentioned above, a report must be submitted immediately after the appointment or change in responsibilities, no later than two weeks from the decision.

Information reported in free form

Regulations and guidelines Information to be reported Reporting frequency and reference dates
Payment institutions Act section 8 subsection 1

Cessation of a service provider’s activities, significant changes in the scope of activities and changes in factors referred to in section 7 subsections 2-4 and section 7 a subsection 1 of the Act on Payment Institutions.

Without delay

Branches of foreign payment institutions operating in Finland

Regulations and guidelines Information to be reported Reporting frequency and reference dates
8/2016 chapter 8.4.5 Reporting the total amount of payment transactions to the Bank of Finland Additional information from the Bank of Finland website

 

Insurance

Employee pension insurance

Information is available only in Finnish and in Swedish

Life and non-life insurance

Life and non-life insurance companies

Information reported on standard forms or as separate files

Regulations and guidelines Information to be reported
Government Decree 208/2014

Acquisition and disposal of shares and participations in credit institutions 

Change in holding / Notification form (word) for natural persons available in Finnish or in Swedish 

Change in holding / Notification form (word) for legal persons available in Finnish or in Swedish

Change in holding / Notification form (word) for target company available in Finnish or in Swedish

9/2017

Assessment of acquisitions and increases of qualifying holding

6/2015 section 10

Operational risk management in insurance sector supervised entities

6/2015 section 10.1.3

Notification of operational disruptions and errors (disruption notification)
Form (word) available only in Finnish and in Swedish

 6/2015 section 10.1.4

Annual report on losses caused by operational risk (loss notification)
Form (word) available only in Finnish and in Swedish

6/2015 section 9

Insurance company/insurance holding company management - report of fitness and propriety 
Form (pdf) available only in Finnish and in Swedish

4/2015 section 4

Submission to the Financial Supervisory Authority of supervision documents of entities operating in the insurance market

4/2015 section 4

Information on financial statements of a Run-off company 

Form (excel) available only in Finnish and in Swedish

Information reported in free form

Määräykset ja ohjeet Raportoitava tieto
6/2015 section 4 Commencement of activity, applying for authorisation
6/2015 section 5 Associated activities
6/2015 section 8 Conducting primary insurance business in another EEA country
6/2015 section 11 Notification of outsourcing
6/2015 section 12 Borrowing and provision of collateral, notification of borrowing
6/2015 section 13

Failure to meet the solvency capital requirement

  • Company’s financial restructuring plan
  • Short-term financing plan
4/2015 section 4 Auditing, submission of supervision documents to the Financial Supervisory Authority

 

Insurance association

Insurance association

Information reported on standard forms or as separate files

Regulations and guidelines Information to be reported
4/2015 section 4

Submission to the Financial Supervisory Authority of supervision documents of entities operating in the insurance market

Information reported in free form

Regulations and guidelines Information to be reported
6/2015 section 4 Commencement of activity, applying for authorisation
4/2015 section 4 Auditing, submission of supervision documents to the Financial Supervisory Authority

 

Unemployment insurance

Information is available only in Finnish and in Swedish

Sickness and benefit funds

Information is available only in Finnish and in Swedish

Insurance intermediaries

Information is available only in Finnish and in Swedish

Capital markets

Investment service providers

Investment firms

Information reported on standard forms or as separate files

Regulations and guidelines / Standard Information to be reported Reporting frequency and reference dates Submission dates

Under chapter 7, section 8, subsection 2 of the Investment Services Act (747/2012), the provisions of chapter 8 of the Credit Institutions Act are also applicable to investment firms.

1. Decision-making of the general meeting concerning a high maximum share of variable remuneration - Chapter 8 Section 8

 

Without delay

see above 2. Data collection regarding high earners - Chapter 8 Section 16 Annually 30 June
see above 3. Remuneration Benchmarking data collection - Chapter 8 Section 16 Annually 30 June

RA1.4

Reporting of information on fitness and propriety

Fit & Proper form S3 (word)

 

Without delay after the appointment or a change in the person’s responsibilities, and no later than two weeks from the appointment decision or from the date at which the person takes up the new position

kirjaamo(at)finanssivalvonta.fi

8/2014

Management of operational risk in supervised entities of the financial sector

   
  • section 9.1

Reporting of disruptions and faults in operations

Error report form (excel)

  Without delay
  • section 9.2

Annual report on losses from operational risk

Damage report form (word)

 

On 28 February at the latest

25/2013 section 10.3

Capital requirements calculation and large exposures

Form (excel) available in Finnish

 

Without delay

EU 2017/1946

Investment Services Act (747/2012) chapter 6a

Acquisition and disposal of shares and participations in investment firms 

Change in holding / Notification form (word) for natural persons available in Finnish or in Swedish 

Change in holding / Notification form (word) for legal persons available in Finnish or in Swedish

Change in holding / Notification form (word) for target company available in Finnish or in Swedish

 

In advance

Investment Services Act (747/2012) chapter 7 section 6

Tied agent notification

See Register of tied agents

New notification or declaration of changes is submitted to the address sipa-ilmoitukset(at)fiva.fi or by post to the Registry of the Financial Supervisory Authority

Notification form (pdf) available in Finnish or in Swedish

NB! The PDF form works with Windows devices. Another option is to create an xml file and to send the file to the above address.

Reporting of tied agent notification in machine-readable form (xsd)

 

Immediately

Information reported in free form

Regulations and guidelines / Standard Information to be reported Reporting frequency and reference dates Submission dates

3/2014

Authorisations, registrations and notifications

 

 

RA1.1 section 4

Reporting of intra-group transactions

Quarterly
31 March, 30 June, 30 September, 31 December

15 May, 15 August, 15 November, 28/29 February

RA1.2 section 4

Acquisition of controlling interest in undertakings authorised in non-EEA states

 

In advance, before acquisition of controlling interest

8/2014

Management of operational risk in supervised entities of the financial sector

 

 

EU 2017/565 (recital 44)

Outsourcing

 

In advance

2/2016

Submission of financial statements

  • Copy of financial statements and consolidated financial statements, and of the management report
  • Copy of audit report
  • Copy of the minutes of the annual general meeting or of the corresponding body that dealt with the financial statements

Annually

Within two weeks from the approval of the financial statements

see above

Interim report

 

Within two months from the end of the interim period

see above

Auditing

 

Within two months from the end of the interim period

RA4.10 section 5

Reporting of related-party loans and investments

Annually, on the situation as at 31 December

Within two months from the reference date

4.2

Management of supervised entity capital adequacy

Annually and always when changes take effect

Immediately when changes take effect

Investment Services Act (747/2012) 3:8

Notification of material changes to the conditions for granting authorisation

 

 

Investment Services Act (747/2012) 6a:1.5

Notification of the owners of the holdings referred to in subsections 1 and 2 and the size of the holdings as well as changes in holdings

 

Once a year/without delay

Investment Services Act (747/2012) 7:10 and RA1.2

Notification of intent to acquire control within the meaning of chapter 1, section 5 of the Accounting Act in a credit institution, an investment firm, a fund management company, an alternative fund manager or an insurance company whose registered office is in a third country

 

In advance

Investment Services Act (747/2012) 7a:1

Notification that an investment firm engages in algorithmic trading in Finland or in an EEA country

 

 

Investment Services Act (747/2012) 7a:3

Notification that an investment firm provides direct electronic market access to a trading venue

 

 

Investment Services Act (747/2012) 9:6

An auditor’s report on whether arrangements for the custody and handling of the customer assets of an investment firm meet the provisions of chapter 9 of the Act on Investment Services as well as provisions adopted pursuant thereto

 

Once a year

Investment Services Act (747/2012) 10:15

Notification of the name and contact details of the body referred to in subsection 1 of 10:15

 

 

Investment Services Act (747/2012) 13:1

Notification that an investment firm intends to establish a branch in an EEA country other than Finland or intends to use a tied agent established in another EEA country in whose area it has not established a branch

 

In good time in advance

Investment Services Act (747/2012) 13:1.4

Notification of changes to the information referred to in subsection 1

 

At the latest one month before the changes are due to be implemented

Investment Services Act (747/2012) 13:4

Notification of how the receivables of investors that are customers of an investment firm’s branch abroad have been secured

 

 

Investment Services Act (747/2012) 13:6.1

Notification that an investment firm intends to commence providing investment services or practising investment activities and providing ancillary services in accordance with Annex I of the Markets in Financial Instruments Directive in an EEA country other than Finland without establishing a branch

 

In good time in advance

Investment Services Act (747/2012) 13:6.3

Notification of changes to the information referred to in subsection 1

 

At the latest one month before the changes are due to be implemented

Investment Services Act (747/2012) 13:6.4

Notification that an investment firm intends to offer a direct opportunity for an investment firm, credit institution or other person established in another EEA State to trade in a multilateral or organised trading facility

 

In good time in advance

Investment Services Act (747/2012) 13:6.5

Notification of change to information referred to in subsection 4

 

At the latest one month before the change is due to be implemented

Investment Services Act (747/2012) 13:6a

Notification that an investment firm intends to commence providing investment services or practising investment activities and providing ancillary services in accordance with Annex I of the Markets in Financial Instruments Directive in a third country without establishing a branch

 

In good time in advance and when information has changed

 

Fund management companies

Information reported on standard forms or as separate files

Regulations and guidelines / Standard Information to be reported Reporting frequency and reference dates Submission dates
RA1.4 section 5.1

Reporting of information on fitness and propriety

Fit & Proper form R3 (word)

  Without delay after the appointment or a change in the person’s responsibilities, and no later than two weeks from the appointment decision or from the date at which the person takes up the new position
8/2014

 

Management of operational risk in supervised entities of the financial sector

   
  • section 9.1

Reporting of disruptions and faults in operations

Error report form (excel)

  Without delay
  • section 9.2

Annual report on losses from operational risk

Damage report form (word)

 

On 28 February at the latest

Government Decree 208/2014

Common Funds Act section 16

Acquisition and disposal of shares and participations in investment firms 

Change in holding / Notification form (word) for natural persons available in Finnish or in Swedish 

Change in holding / Notification form (word) for legal persons available in Finnish or in Swedish

Change in holding / Notification form (word) for target company available in Finnish or in Swedish

 

 

Information reported in free form

Regulations and guidelines / Standard Information to be reported Reporting frequency and reference dates Submission dates
3/2014

Authorisations, registrations and notifications

 

 

1/2012 section 8

Outsourcing

 

In advance

2/2016

Submission of financial statements

  • Copy of financial statements and consolidated financial statements, and of the management report
  • Copy of audit report
  • Copy of the minutes of the annual general meeting or of the corresponding body that dealt with the financial statements
  • Financial statements of investment funds managed by the fund management company

Annually

Within two weeks from the approval of the financial statements

see above

Interim report

 

Within two months from the end of the interim period

see above

Auditing

 

Within two weeks from the submission of the report to the supervised entity

Common Funds Act 5b.4§

Notification when an investment firm commences operations

 

 

Common Funds Act 9a.3 § Notification when a custodial institution commences operations    
Common Funds Act 10b.2 § Notification of changes to the information concerning significant close associations reported in the authorization application Immediately  

Common Funds Act 16.5§

Government Decree on the Filing of a Notice Regarding the Acquisition and Disposal of Holdings in Credit Institutions, Investment Firms, Management Companies, Depositories, Special Depositaries, Insurance Companies, Holding Companies of Financial and Insurance Conglomerates and Alternative Investment Fund Managers

Notification, at least once a year, of names of owners of holdings and sizes of such holdings in a fund management company and its holding company as referred to in section 16, paragraph 5 of the Act on Common Funds

Once a year  

Common Funds Act 18a §

Notification of establishing a branch for an investment firm authorized in another EEA state

   

Common Funds Act 24.2 §

Notification when a mutual fund commences operations

   

Common Funds Act 26a.5 §

1/2012

Notification of outsourcing arrangements

In advance  

Common Funds Act 27.3 §

Notification of reaching or exceeding, or falling below the limits specified in subsection 1 on minimum equity or number of unitholders in a mutual fund

Immediately  

Common Funds Act 29a.1 §

Copy of transfer proposal and report as referred to in Article 8 (2) and (3) of the European company regulation, in the event that the management company intends to transfer its registered office to another Member State, as provided in Article 8 of the European company regulation

Without delay  

Common Funds Act 30c.2 §

Notification of the equity of a management company falling below the minimum amount provided in Section 6

Without delay  

Common Funds Act 32 §

Notification from a custodial institution that an order from a management company is not being observed, or other grounds for comments are observed in the operation of a management company, as referred to in Section 31.1, and the company refuses to cancel its decision or change its operating mode

   

Common Funds Act 33 §

Notification of custody agreement made by the investment fund and any changes to such agreement

Immediately  

Common Funds Act 40.1 §

2/2016

Annual report, semi-annual report and quarterly report of a mutual fund (only with respect to special mutual funds, Section 95) and copies of:

  • Auditing documents of the management company and mutual fund
  • Auditor’s report of the management company and mutual fund as well as documents concerning management of the management company and mutual fund
  • Minutes of the company’s shareholders’ and unitholders’ meetings
  • Audit report concerning the accuracy of the NAV calculation of a mutual fund unit
Without undue delay  

Common Funds Act 43a §

Submission of fund rules of a non-UCITS fund

   
Common Funds Act 52.1 §

 

Notification of a decision to halt the redemption of mutual fund units

Without delay  
Common Funds Act 80 b 3 §

Notification of the types of derivatives contracts used in the investment operations of a mutual fund, related risks, methods used in assessing the risks of derivatives contracts and quantitative limits

Once a year  
Common Funds Act 92.5 §

Mutual fund prospect and any amendments thereof

Immediately  
Common Funds Act 98.3 §

Mistake in publication of the value of a mutual fund unit

Immediately  
Common Funds Act 98 c §

Key Investor Information Document (KIID) and any changes to it

Immediately  
Common Funds Act 105.2 §

Notification of implementation of surrender of management of a mutual fund

Within two months from the granting of the authorization  
Common Funds Act 110.1 §

Notification of implementation of a merger of mutual funds

Within two months from the granting of the authorization  
Common Funds Act 115.1 §

Notification of implementation of a demerger of a mutual fund

Within two months from the granting of the authorization  
Common Funds Act 115m §

Notification of a feeder fund or of a collective investment undertaking acting as such the funds of which are invested in a fund under its own management

Immediately  
Common Funds Act 119.1 §

Notification of a decision to terminate a mutual fund

Without delay  
Common Funds Act 119.3 §

Final settlement of a terminated mutual fund with annexes

   
Common Funds Act 119.5 §

Notification that the assets of a mutual fund have been divided and the mutual fund terminated

Without delay  
Common Funds Act 126a.1 §

Notification of establishment of a branch in an EEA member state

Well in advance  
Common Funds Act 126a.5 §

Notification of changes to information specified in section 126a.1

No later than one month before the changes take effect  
Common Funds Act 126d.1 §

Notification of commencement of operations as referred to in section 5 in the area of another country without establishing a branch

Well in advance  
Common Funds Act 126d.3 §

Notification of change in information under section 126d.1 of the Investment Firms Act

In advance  
Common Funds Act 126e §

Notification of carrying out activities referred to in section 5 subsection 2 in a non-EEA country without establishing a branch, and related change of information

Well in advance  
Common Funds Act 127 §

Notification when an investment firm or a foreign EEA investment firm intends to market in the EEA home country the units of a fund it manages in Finland.

   

 

Alternative investment fund managers (AIFMs)

Information reported on standard forms or as separate files

Regulations and guidelines / Standard Information to be reported Reporting frequency and reference dates

Government Decree 208/2014

Act on Alternative Investment Funds Managers (AIFML) chapter 7 section 9

Obligation to notify acquisition and disposal of shares

Change in holding / Notification form (word) for natural persons available in Finnish or in Swedish 

Change in holding / Notification form (word) for legal persons available in Finnish or in Swedish

Change in holding / Notification form (word) for target company available in Finnish or in Swedish

 

Act on Alternative Investment Funds Managers (AIFML) chapter 6 section 5

Reporting of information on fitness and propriety

Fit & Proper form (word)

Without delay

Information reported in free form

Regulations and guidelines / Standard Information to be reported Reporting frequency and reference dates
Act on Alternative Investment Funds Managers (AIFML) chapter 3 section 5

Notification when the AIF manager fails to ensure that the AIF under its management or another entity acting on such AIF’s behalf conforms with the legal requirements referred to herein

Immediately
Act on Alternative Investment Funds Managers (AIFML) chapter 4 section 5

Notification of significant changes to the prerequisites of the authorization specified in chapter 4, section 3
Notification of commencement of operations

Before the changes take effect
Act on Alternative Investment Funds Managers (AIFML) chapter 4 section 7

Notification of commencement of operations

 
Act on Alternative Investment Funds Managers (AIFML) chapter 5 section 4.1

Notification by a registered AIFM concerning principal financial instruments it trades and details of principal exposures and most important risk concentrations of the AIFs it manages

Annually
Act on Alternative Investment Funds Managers (AIFML) chapter 5 section 4.2

Notification by a registered AIFM when it no longer fulfills the requirements specified in chapter 1, section 3

Immediately
Act on Alternative Investment Funds Managers (AIFML) chapter 6 section 7

Notification by the AIFM concerning the self-regulatory organization it belongs to or the recommendations of which it follows

 
Act on Alternative Investment Funds Managers (AIFML) chapter 9 section 5

Mistake in the determination of the value of a mutual fund unit

Immediately
Act on Alternative Investment Funds Managers (AIFML) chapter 10 section 2.1

Notification of outsourcing arrangements concerning a significant function

 
Act on Alternative Investment Funds Managers (AIFML) chapter 10 section 2.5

Notification of the content of an outsourcing agreement and any significant changes to such contractual relationship

Without delay
Act on Alternative Investment Funds Managers (AIFML) chapter 12 section 1

Notification of the AIF the units of which the AIFM intends to market in Finland

Prior to commencement of marketing, no later than one month prior to the anticipated change or immediately after an unanticipated change has taken effect
Act on Alternative Investment Funds Managers (AIFML) chapter 13 section 4

Notification of a Key Investor Information Document (KIID)

 
Act on Alternative Investment Funds Managers (AIFML) chapter 15 section 4.2

Notification of a depositary agreement concerning an AIF managed by the AIFM and any changes to such agreement

Immediately
Act on Alternative Investment Funds Managers (AIFML) chapter 18 section 1

Notification when the AIF acquires shares of an unlisted company, transfers them or holds them, and when the share of the unlisted company’s voting rights owned by the fund reaches, exceeds or falls below the threshold of 10%, 20%, 30%, 50% or 75%

Without undue delay, however, no later than 10 banking days from the date of the legal transaction by which the AIF has reached, exceeded or fallen below the specified threshold in the relevant unlisted company
Act on Alternative Investment Funds Managers (AIFML) chapter 18 section 2

Notification when the AIF acquires a controlling interest in an unlisted company

Without undue delay, however, no later than 10 banking days from the date of the legal transaction by which the share of the AIF has exceeded 50%
Act on Alternative Investment Funds Managers (AIFML) chapter 18 section 5

Notification of the funding of a qualifying holding

 
Act on Alternative Investment Funds Managers (AIFML) chapter 19 section 1.1

AIFMs authorized in Finland may manage AIFs established in another EEA state or provide in another EEA state asset management specified in chapter 3, section 2, subsection 2 and ancillary services specified in chapter 3 after submitting the relevant notification to FIN-FSA

 
Act on Alternative Investment Funds Managers (AIFML) chapter 19 section 1.3

Notification of changes to information specified in chapter 19, section 1

No later than one month prior to the anticipated change or immediately after an unanticipated change has taken effect
Act on Alternative Investment Funds Managers (AIFML) chapter 19 section 3

Notification specified in chapter 12, section 1, that the authorized AIFM intends to market in Finland the units of an AIF under its management and established in another EEA state

Prior to commencement of marketing, no later than one month prior to the anticipated change or immediately after an unanticipated change has taken effect

 

Crowdfunding intermediaries

Authorised crowdfunding intermediaries

Information reported in free form

Regulations and guidelines Information to be reported Reporting frequency and reference dates
Crowdfunding Act section 9 subsection 3

Notification of commencement and cessation of activities

Without delay
Crowdfunding Act section 11 subsection 3

Information on material changes in reporting institution’s financial situation and on other factors affecting the fulfilment of its obligations

Without delay

Registered crowdfunding intermediaries

Information reported on standard forms or as separate files

Regulations and guidelines Information to be reported Reporting frequency and reference dates
Crowdfunding Act chapter 2 section 6

Reporting of information on fitness and propriety

Fit & Proper form (word)

Before the change takes effect or immediately after the change takes effect

Information reported in free form

Regulations and guidelines Information to be reported Reporting frequency and reference dates
Crowdfunding Act section 5 subsection 2

Notification of change in register information or notification of cessation of activities

Without delay
Crowdfunding Act section 11 subsection 3

Information on material changes in reporting institution’s financial situation and on other factors affecting the fulfilment of its obligations

Without delay