Sanctions, requests for investigation and cases of securities market inspections

FIN-FSA´s requests for police investigation and administrative sanctions 2011–30 June 2021

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 H1
Request for police investigation 4 5 4 3 5 2 6 5 2 6 4
Public reprimand 3 3 - - 2 - - - - - -
Public warning - 3 2 2 - 2 5 3 1 1 -
Administrative fine 5 14 6 2 19 2 3 - - 1 -
Penalty payment - - - 1 - 3 4 3 5 2 -

In the period from 1 January 2021 to 30 June 2021, the FIN-FSA made four requests for police investigation.

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 2011–30 June 2021

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 H1
Total number of cases  80 85 100 83 127 104 95 108 150 155 56
Abuse of inside information 34 23 47 36 57 48 58 71 83 105 37
Market manipulation 23 35 28 23 40 31 24 23 50 39 14
Disclosure obligation: periodic, ongoing, delayed disclosure, disclosure of major holdings, takeover bid, and primary markets 16 23 17 18 24 23 12 12 15 9 4
Other 7 4 8 6 6 2 1 2 2 2 1

Figures 2016–2019 have been corrected on 17 February 2021.

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 the period from 1 January 2021 to 30 June 2021 there were 56 such cases.

In the corresponding term, the FIN-FSA received 81 STORs from the markets on suspicious transactions or orders, some of which continue to be inspected in 2021.

The FIN-FSA sent three requests for judicial assistance to foreign securities markets authorities concerning the supervision of securities markets in the period from 1 January 2021 to 30 June 2021. Respectively, the FIN-FSA received one request for judicial assistance.