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pc nid 92766 May 26, 2026 arahman@vixio.com Finland Financial Supervisory Authority horizon scanning
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Finland's Financial Supervisory Authority Terminates Banking System Status Reporting Requirements

On May 26, 2026, Finland's Financial Supervisory Authority (FSA) announced the termination of banking system status S-reporting requirements. The FSA repealed sections of Regulation and Guidance 1/2014 on Credit Institution Risk Data Collection that pertained to banking system status reporting. The amendments to Regulation and Guidance 1/2014 take effect on June 15, 2026. This change eliminates the obligation for credit institutions to submit banking system status S-reports to the FSA, streamlining regulatory reporting requirements for the banking sector. The removal of this reporting obligation represents a reduction in administrative burden for credit institutions operating in Finland. For further information regarding this regulatory change, credit institutions and other stakeholders may contact Torsten Groschup, senior specialist at the FSA, by telephone at 09 183 5333 or by email at torsten.groschup@finanssivalvonta.fi.

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Finland's Financial Supervisory Authority Terminates Banking System Status Reporting Requirements

On May 26, 2026, Finland's Financial Supervisory Authority (FSA) announced the termination of banking system status S-reporting requirements. The FSA repealed sections of Regulation and Guidance 1/2014 on Credit Institution Risk Data Collection that pertained to banking system status reporting. The amendments to Regulation and Guidance 1/2014 take effect on June 15, 2026. This change eliminates the obligation for credit institutions to submit banking system status S-reports to the FSA, streamlining regulatory reporting requirements for the banking sector. The removal of this reporting obligation represents a reduction in administrative burden for credit institutions operating in Finland.