Sanctions, requests for investigation and cases of securities market inspections

FIN-FSA´s requests for police investigation and administrative sanctions 2015–2025H1

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025H1
Request for police investigation  5 2 6 5 2 6 8 5 8 18 5
Public warning  - 2 5 3 1 1 1 2 1 - 1
Administrative fine 19 2 3 - - 1 - 2 1 1 -
Penalty payment - 3 4 3 5 2 2 3 - 9 8

 

In the period from 1 January to 30 June 2025, the FIN-FSA made five requests for police investigation, issued a public warning and imposed eight penalty payments.

FIN-FSA's administrative sanctions and supervisory measures are published here.

Supervision cases related to trading in securities markets and the disclosure obligation processed by the FIN-FSA in 2015–2025H1

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025H1
Abuse of inside information 57 48 58 71 83 105 65 88 145 156 45
Market manipulation 40 31 24 23 50 39 41 21 31 37 45
Disclosure obligation: periodic, ongoing, delayed disclosure, disclosure of major holdings, takeover bid, and primary markets 24 23 12 12 15 9 6 13 11 4 12
Other 6 2 1 2 2 2 3 5 4 10 6
Total number of cases  127 104 95 108 150 155 115 127 191 207 108

 

The table above displays supervision cases related to trading in securities markets and the disclosure obligation inspected by the FIN-FSA and concluded during the year concerned. In the period from 1 January to 30 June 2025 there were 108 such cases.

In the corresponding term, the FIN-FSA received 88 STORs from the markets on suspicious transactions or orders, some of which continue to be inspected in 2025.

Reports on administrative sanctions published by the European Supervisory Authorities and the European Central Bank