Government bills9
- HE 119/2022 vpPassed
Flexible export credits and risk management
Finnvera and Finnish Export Credit will receive more flexible means to manage the interest rate and credit risks of export and ship credits. The amendment will streamline the granting of public export financing, particularly when commercial banks do not offer financing.
17 Jan 2023 · passed without a vote - HE 104/2022 vpPassed with amendments
Establishing national backup payment systems
National backup systems will be established in Finland to secure credit transfers, card payments and cash withdrawals during serious disruptions and states of emergency. The systems will ensure daily payments for citizens and businesses in situations where banks' normal systems are not functioning.
7 Jul 2022 · passed without a vote - HE 45/2022 vpPassed with amendments
Raising ASP loans and age limits
The upper age limit for starting ASP saving will rise to 44 years, and people buying a home together can receive an ASP interest-subsidy loan that is 50 per cent larger than for a single buyer. At the same time, the maximum state guarantee for owner-occupied housing loans will be raised to 60,000 euros.
28 Jun 2022 · passed without a vote - HE 99/2021 vpPassed
Reforming the European stability mechanism
Finland will approve the amendments to the Treaty Establishing the European Stability Mechanism. The reform will establish a backstop facility for the Single Resolution Fund for banks within the stability mechanism and clarify the conditions for supporting euro area countries in an economic crisis.
12 Nov 2021 · 6 votes - HE 261/2020 vpPassed with amendments
Strengthening anti-money laundering measures
Regulations on combating money laundering and terrorist financing will be specified to bring them into line with an EU directive and international recommendations. Clarifications will be made to customer due diligence and monitoring obligations for operators in the financial sector and other reporting entities.
20 Apr 2021 · passed without a vote - HE 171/2020 vpPassed with amendments
Strengthening banks' resilience and supervision
Capital requirements, resolution rules and supervisory powers for banks and other credit institutions will be reformed in line with EU regulation. The reforms strengthen the resilience of the financial sector and reduce the need for public funds in potential banking crises.
11 Mar 2021 · passed without a vote - HE 143/2017 vpPassed
Regulating new payment services
Provisions on new digital payment services, such as account information and payment initiation services, will be added to the act. The reform obliges banks to open their interfaces to new service providers and improves payment security.
8 Dec 2017 · passed without a vote - HE 189/2016 vpPassed
Raising and extending Financial Stability Authority fees
The administrative fees financing the operations of the Financial Stability Authority will be raised and extended to cover significant branches of foreign banks in Finland. The change will ensure that the authority's operations are funded by the financial sector without tax revenue.
7 Dec 2016 · passed without a vote - HE 180/2016 vpPassed
Farm liquidity guarantees and repayment deferrals
State guarantees will be made available for liquidity loans granted by banks to farms in difficulty in 2016 and 2017. At the same time, the maximum period for repayment deferrals on farms' earlier loans will be extended.
7 Nov 2016 · passed without a vote