Finland: Financial Sector Assessment Program-Technical Note on Regulation and Supervision of Less Significant Institutions
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Summary:
The Financial Sector Assessment Program (FSAP) conducted a focused review that primarily assessed banking regulation and supervision of Finland’s less significant institutions (LSIs).1 LSIs account for around 16 percent of Finland’s banking sector and the regulation and supervision of the rest of the banking sector takes place within the European Central Bank’s (ECB) Single Supervisory Mechanism (SSM). The Finnish Financial Supervisory Authority (FIN-FSA) is under the oversight of the ECB, responsible for the supervision of LSIs.
Series:
Country Report No. 2023/065
Subject:
International organization Monetary policy
Frequency:
regular
English
Publication Date:
February 1, 2023
ISBN/ISSN:
9798400229695/1934-7685
Stock No:
1FINEA2023007
Pages:
42
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