Government bills5
- HE 92/2024 vpPassed with amendments
Streamlining bank resolution and deposit protection
Bank resolution obligations will be eased in situations where a failing institution would be wound up in ordinary bankruptcy or liquidation proceedings. In addition, the authority will be able to transfer customer advisory and support tasks to an external service provider in congested crisis situations.
6 Nov 2024 · passed without a vote - HE 45/2023 vpPassed
Funding the Financial Stability Authority
The maximum amount of administrative fees collected from banks and investment firms to fund the operations of the Financial Stability Authority would be increased to cover the authority's new security of supply duties. At the same time, depositors would be guaranteed the right to request a free administrative review of automated deposit guarantee compensation decisions.
11 Dec 2023 · passed without a vote - HE 212/2022 vpPassed with amendments
Introducing central counterparty resolution rules
EU regulation on the recovery and resolution of central counterparties clearing financial market transactions would be incorporated into Finnish law. The reform would ensure financial market stability during disruptions and prevent the need to bail out operators using taxpayers' money.
8 Feb 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 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