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pc nid 92852 Jun 01, 2026 arahman@vixio.com Finland Financial Supervisory Authority horizon scanning
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Finland's Financial Supervisory Authority Updates Regulatory Guidance Following Digital Operational Resilience Act Implementation

On June 1, 2026, Finland's Financial Supervisory Authority (FSA) updated five regulatory guidance documents to align with the Digital Operational Resilience Act (DORA) regulation. The FSA modernised its Rules and Guidelines collection by removing overlapping provisions and updating regulatory references following DORA's application across the European Union on January 17, 2025. The updated guidance documents cover: Operational Risk Management in Financial Sector Supervised Entities (8/2014); Outsourcing in Financial Sector Supervised Entities (1/2012); Life and Non-Life Insurance Company Operations Commencement and Governance Systems (6/2015); Payment Institutions and Persons Providing Payment Services Without Authorisation (8/2016); and Supplementary Pension Institution Governance (1/2019). DORA establishes comprehensive requirements for information and communication technology (ICT) operations across supervised entities. The FSA removed separate ICT-specific guidance provisions that duplicated DORA's requirements, eliminating redundancy in the regulatory framework. The FSA also removed divergent interpretations of DORA provisions from its guidance, as unified interpretations will be provided by European Union supervisory authorities, including the European Banking Authority (EBA), European Insurance and Occupational Pensions Authority (EIOPA), and European Securities and Markets Authority (ESMA). The updated guidance takes effect on June 1, 2026. The FSA received stakeholder feedback during the consultation period, which it summarised in a public response document available on its website alongside the updated guidance. Supervised entities should review the revised guidance to ensure compliance with the new requirements.

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Finland's Financial Supervisory Authority Amends Regulations and Guidelines in Line with DORA

On June 1, 2026, the Financial Supervisory Authority (FSA) announced it had updates a collection of regulations and guidelines with the changes introduced by Regulation (EU) 2022/2554 (DORA). The following regulations and guidelines have been updated: Operational risk management in financial supervision, 8/2014 . Outsourcing in supervised entities in the financial sector, 1/2012 . Payment institutions and persons providing payment services without a licence, 8/2016 . The FSA has stated that there is no longer a need for separate guidelines or regulations on ICT activities. Different interpretations of the DORA provisions have been excluded from the regulations and guidelines. The amendments will enter into force immediately on June 1, 2026.