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Financial sector increases transparency in its climate workhttp://www.finanssiala.fi/en/news/Pages/Financial-sector-increases-transparency-in-its-climate-work.aspxFinancial sector increases transparency in its climate work12.7.2018 15:09:00<div class="ExternalClassDA65E152A0C045E9A310C0F38ED14BEB"><p>​<strong>Finance Finland (FFI) and its member companies have created a reporting framework to monitor climate work in the financial sector. Companies can use it to describe their actions in mitigating climate change and to increase the transparency of their work. To help track results over several years, the framework includes climate indicators. Companies can independently choose how they apply these indicators.</strong></p></div>1

 

 

OP Group returns to the foldhttp://www.finanssiala.fi/en/news/Pages/OP-Group-returns-to-the-fold.aspxOP Group returns to the fold20.6.2018 10:41:00<div class="ExternalClassF6B17755086343EC90F8DE6C9FCE18C2"><p>​The OP Financial Group has announced that they will apply for membership at Finance Finland (FFI). The membership is to take force as of 1 January 2019.<br></p></div>4

 

 

The Commission delivers three law proposals to promote sustainable financehttp://www.finanssiala.fi/en/news/Pages/The-Commission-delivers-three-law-proposals-to-promote-sustainable-finance.aspxThe Commission delivers three law proposals to promote sustainable finance31.5.2018 15:04:00<div class="ExternalClass33AA4DD1EDC44687A950E0012CBDC09E"><p>​The European Commission is taking concrete action to promote sustainable finance. Based on the proposals given by the High-Level Expert Group on Sustainable Finance (HLEG) earlier this year, the Commission first drew up the Action Plan on Sustainable Finance and has now published a handful of law proposals.</p></div>5

 Recent Statements in English

 

 

Consultation on Initiative on an integrated covered bond frameworkhttp://www.finanssiala.fi/en/statements/FFI_Comments_16052018_on_Commission_covered_bonds_proposal.pdfConsultation on Initiative on an integrated covered bond framework15.5.2018 21:00:00
Consultation Paper on a Hybrid Methodology for Euriborhttp://www.finanssiala.fi/en/statements/FFI_response_15052018_EMMI_consultation_on_euribor_hybrid_methodology.pdfConsultation Paper on a Hybrid Methodology for Euribor14.5.2018 21:00:00
Consultation on fitness check on supervisory reportinghttp://www.finanssiala.fi/en/statements/FFI_position_28022018_to_EC_on_fitness_check_on_supervisory_reporting.pdfConsultation on fitness check on supervisory reporting27.2.2018 22:00:00

 News

 

 

Financial sector increases transparency in its climate workhttp://www.finanssiala.fi/en/news/Pages/Financial-sector-increases-transparency-in-its-climate-work.aspxFinancial sector increases transparency in its climate work13.7.2018 6:27:0212.7.2018 15:09:00
OP Group returns to the foldhttp://www.finanssiala.fi/en/news/Pages/OP-Group-returns-to-the-fold.aspxOP Group returns to the fold11.7.2018 13:04:4220.6.2018 10:41:00
The Commission delivers three law proposals to promote sustainable financehttp://www.finanssiala.fi/en/news/Pages/The-Commission-delivers-three-law-proposals-to-promote-sustainable-finance.aspxThe Commission delivers three law proposals to promote sustainable finance20.6.2018 10:48:0931.5.2018 15:04:00
“Stina will press the button and I will yell at her” – Finnish students had a solid strategy in the European Money Quizhttp://www.finanssiala.fi/en/news/Pages/Finnish-students-had-a-solid-strategy-in-the-European-Money-Quiz.aspx“Stina will press the button and I will yell at her” – Finnish students had a solid strategy in the European Money Quiz11.7.2018 12:58:5324.5.2018 11:48:00
The Finnish financial sector took important steps towards more flexible working hourshttp://www.finanssiala.fi/en/news/Pages/Steps-towards-more-flexible-working-hours.aspxThe Finnish financial sector took important steps towards more flexible working hours10.4.2018 11:22:1810.4.2018 11:16:00
​Pekonen-Ranta: the Finnish financial sector is preparing for EU presidencyhttp://www.finanssiala.fi/en/news/Pages/Finnish-financial-sector-preparing-for-EU-presidency.aspx​Pekonen-Ranta: the Finnish financial sector is preparing for EU presidency6.4.2018 11:26:056.4.2018 11:17:00

 Column

Insurance literacy, the ignored branch of financial literacy

Esko Kivisaari - Jussi Karhunen, 19 April 2018

When discussing financial literacy, talk typically turns to over-indebtedness, reckless spending and poor budgeting skills. At the more advanced level, concern is commonly voiced over people's lack of investment skills and courage. Discussion usually ignores insurance literacy, which is only rarely considered a financial skill. Wrongfully so: costs can skyrocket and thus seriously rock personal economy if a risk becomes unfortunate reality for the uninsured.