meta_id 3150560

On May 13, 2026, the Financial Supervisory Authority (FIN-FSA) imposed a penalty payment of EUR 115,000 on Pareto Securities Ltd for significant omissions in transaction reporting. The investment firm failed to report transactions to the FIN-FSA during two substantial gaps: 71 days in 2024 and 20 days in 2025. Additionally, Pareto Securities reported 13 specific transactions repeatedly during the period from June 23, 2023 to May 27, 2025, with the majority of these transactions reported more than 300 times. Transaction reporting requirements enable competent authorities to detect and investigate potential market abuse and monitor fair and orderly market functioning. The FIN-FSA determined that supervised entities must provide complete and accurate transaction details to fulfil this supervisory objective. The penalty amount reflected a comprehensive assessment of the omissions' nature, extent, and duration. The FIN-FSA considered Pareto Securities' cooperation and acknowledgment of the breaches as mitigating factors in determining the final penalty amount. The decision is not yet legally binding. Pareto Securities has the right to appeal to the Helsinki Administrative Court within 30 days of receiving notice of the decision. The FIN-FSA will publish information regarding the decision's legal validity on its website. For further information, contact Armi Taipale, Head of Department, Capital Markets Supervision, or the FIN-FSA Communications team at +358 9 183 5030 (weekdays 09:00–16:00).