Sanctions, requests for investigation and cases of securities market inspections

FIN-FSA´s requests for police investigation and administrative sanctions 2010–2019 

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Requests for police investigation 3 4 5 4 3 5 2 6 5 2
Public reprimands  3 3 3 - - 2 - - - -
Public warnings - - 3 2 2 - 2 5 3 1
Administrative fines 1 5 14 6 2 19 2 3 - -
Penalty payments - - - - 1 - 3 4 3 5

In 2019, the FIN-FSA made two requests for police investigation and imposed one public warning and five 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 2010–2019 

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Total number of cases  70 80 85 100 83 127* 107 96 108 151
Abuse of inside information 27 34 23 47 36 57* 47 59 69 83
Market manipulation 11 23 35 28 23 40 31 24 24 51
Disclosure obligation: periodic, ongoing, delayed disclosure, disclosure of major holdings, takeover bid, and primary markets 25 16 23 17 18 24 24 11 13 15
Other 7 7 4 8 6 6 5 2 2 2

* Figures have been corrected on 10 October 2016.

The table below 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 2019, there were 151 such cases.

In 2019, the FIN-FSA received 169 reports from the markets on suspicious transactions or orders (against 111 in 2018), some of which continue to be inspected in 2020.

The FIN-FSA sent a total of eight requests for judicial assistance to foreign securities markets authorities concerning the supervision of securities markets in 2019 (against 10 in 2018). At the same time, the FIN-FSA received 6six requests for judicial assistance (against 4 in 2018).