🎉🇪🇺 We're relived that EU Council finally voted in favour of the #CSDDD. Despite the last minute concessions, the directive helps lay the groundwork for more sustainable business conduct and greater corporate responsibility.

Our EU policy objectives: 🇪🇺High-quality regulation 🇪🇺Member states' financial responsibility 🇪🇺Diverse capital markets 🇪🇺Functional investor protection 🇪🇺Efficient AML/CFT tools 🇪🇺Innovative digital services and payment systems 🇪🇺Sustainable finance finanssiala.fi/en/columns/eu-… 🔗

The lease financing of fixed assets is causing banks and other financial institutions problems under the Pillar 2 (minimum tax) GloBE rules. The Nordic financial sector organisations call for the OECD ➡️ Better Policies for Better Lives to amend its administrative guidance. Read more: finanssiala.fi/en/news/global…

Collecting PEP information in a centralised register would improve its availability, reliability and timeliness. The Ministry of Finance Valtiovarainministeriö | Finansministeriet has published a feasibility study on a national PEP register. FFI is strongly in favour of the proposal. finanssiala.fi/en/news/a-nati…

Transparency is the foundation of responsible lobbying. It benefits society and lobbyists alike by working to affirm lobbying as a valid and respectable part of democratic law- and decision-making. FFI's 2023 transparency report is now available at 🌐 finanssiala.fi/en/news/financ…

Just one month to go until our #InsConf14 in Helsinki on 30 May! We are honoured Arno Ahosniemi, CEO of Finance Finland will open our 14th International Conference 👉Register now: web-eur.cvent.com/event/999d5e3a… 👉 Check out the programme: insuranceeurope.eu/events/3093/14…

Finnish banks’ and insurers’ performance and operating environment in 2023: Banks unshaken by international crises, insurers also enjoyed a good year Links to the full analyses available here: finanssiala.fi/en/news/finnis… 📊 #banking #insurance #financialsector

.Insurance Europe’s 14th international conference #InsConf14 was organised in Helsinki last week. The event drew 320 attendees from all across the world. finanssiala.fi/en/news/we-mus…

Overly strict regulatory restrictions on data use can prevent insurance companies from making the best use of data from the customer perspective and hinder the EU's economic competitiveness. Excessive requirements and expectations can also push up prices. finanssiala.fi/en/news/insura…

Finance Finland's CEO Arno Ahosniemi congratulates all newly elected MEPs for their responsible and demanding new position and sends them off with three pointers for the upcoming term. It is now time start working for a better, more prosperous Europe! finanssiala.fi/en/columns/the…

Our latest English newsletter goes over the results of the EU elections and the next Finnish MEPs. 🇪🇺 It also covers our recently launched anti-fraud campaign aimed at increasing public awareness of digital fraud and scams. And much more! 🇪🇺 Read it here: uutismajakka.finanssiala.fi/a/s/196658107-…

One of the Capital Markets Union's priorities is to create opportunities for EU citizens to accumulate wealth and improve their financial security. For some reason, Finland decided to discontinue a well-functioning system that promoted long-term savings. finanssiala.fi/en/news/saving…

Stick it to the scammers! Catch on to fraud before it catches you 💪 Nearly 70% of Finns have fallen victim to digital fraud or experienced a fraud attempt. We launched a campaign to raise public awareness and knowledge of scams and fraud. #huijaamaton finanssiala.fi/en/news/most-f…

We're delighted that the new Committee on Economic and Monetary Affairs will have several Finnish MEPs. ECON is one of the most important committees in financial sector policy. Eero Heinäluoma Aura Salla Jussi Saramo Katri Kulmuni Maria Ohisalo finanssiala.fi/en/news/financ…

It is vital that the rules for the carbon neutral transition do not restrict banks’ ability to finance companies that are still in the process of making their transition. These companies are abundant, writes Jussi Kettunen finanssiala.fi/en/columns/inc…

Finance Finland is opposed to the Government's proposed reform of work-based immigration rules. “They send the wrong signal to professionals considering a career in Finland. We need to attract skilled employees, not drive them out”, says Arno Ahosniemi finanssiala.fi/en/news/financ…

📌 Functional and secure payment methods and transactions are based on common standards, specifications and descriptions. 📌 Standardisation and certification enable increased competition without compromising interoperability, writes Kirsi Klepp finanssiala.fi/en/columns/sta…

Insurance companies in Finland have paid out an exceptionally high amount in damage claims to customers this year. They attribute the surge in claims to winter-related accidents and damage, the rising popularity of private health insurance and inflation. yle.fi/a/74-20109670

At the EU level, the most important lobbyists are the member states themselves. The most active ones mould legislation before regulation even begins to properly take shape. Finland, too, should be more substantial and proactive in influencing decisions. finanssiala.fi/en/columns/you…

💸 Between January and June 2024, banks were able to block and refund payments to scammers for €18.2 million. 💸 Customers still lost a total of €27.5 million. 💸 The total value of scams increased by 28.2% from 2023, totalling €45.7 million in the six-month period.