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Financial sector again one of the main taxpayershttp://www.finanssiala.fi/en/news/Pages/Financial-sector-again-one-of-the-main-taxpayers.aspxFinancial sector again one of the main taxpayers2.11.2017 14:20:00<div class="ExternalClassAFC58FC33BC34A95869CCE41C96735B4"><p>​The Finnish financial sector was one of the main taxpayers in 2016 as well. The sector contributed a total of €651 million in corporate tax, which is approximately 12% of Finland’s total corporate tax income. The thirteen largest payers include five financial companies.</p></div>1

 

 

Banking barometer: keen demand on loans and growing interest in investinghttp://www.finanssiala.fi/en/news/Pages/Banking-barometer-2017.aspxBanking barometer: keen demand on loans and growing interest in investing22.12.2017 8:43:00<div class="ExternalClass6A721407837E429CA71097DFCF8E532B"><p>​According to Finance Finland’s recent banking barometer, households asked for more loans than they did last year. Bankers expect the keen demand for loans to continue in the first quarter of 2018, and predict fastest growth for home loans. Businesses also took out more loans than in 2016, especially to make investments.</p></div>4

 

 

Season's greetingshttp://www.finanssiala.fi/en/news/Pages/Seasons_greetings_2017.aspxSeason's greetings15.12.2017 6:00:00<div class="ExternalClass10F34EE1A6F24FAEA53C6AE0C737D97E"><p>​<span style="font-size:14.95px;font-weight:400;">​</span><span style="font-size:14.95px;font-weight:400;">Instead of sending cards, this year Finance Finland (FFI) donated the sum reserved for season’s greetings to the Finnish Youth Cooperation Allianssi and the Helsinki Metropolitan Area Guides and Scouts. FFI also contributed to decorating the memorials of Finland's past presidents and veterans to honour the 100th anniversary of Finland’s independence.</span><br></p></div>5

 Recent Statements in English

 

 

Public consultation on the operations of the European Supervisory Authoritieshttp://www.finanssiala.fi/en/statements/Public_consultation_on_operations_of_ESAs.pdfPublic consultation on the operations of the European Supervisory Authorities15.5.2017 21:00:00
NSA response to ESMA MiFID II consultation on product governance draft guidelineshttp://www.finanssiala.fi/en/statements/NSA_response_to_ESMA_MiFID_II_consultation_on_product_governance_draft_guidelines.pdfNSA response to ESMA MiFID II consultation on product governance draft guidelines4.1.2017 22:00:00
Consultation on Product Information Documenthttp://www.finanssiala.fi/en/statements/FFI_answer_24102016_Consultation_on_Product_Information_Document.pdfConsultation on Product Information Document23.10.2016 21:00:00

 News

 

 

Banking barometer: keen demand on loans and growing interest in investinghttp://www.finanssiala.fi/en/news/Pages/Banking-barometer-2017.aspxBanking barometer: keen demand on loans and growing interest in investing22.12.2017 8:50:1822.12.2017 8:43:00
Season's greetingshttp://www.finanssiala.fi/en/news/Pages/Seasons_greetings_2017.aspxSeason's greetings21.12.2017 12:38:3115.12.2017 6:00:00
The financial sector’s capital position remains stronghttp://www.finanssiala.fi/en/news/Pages/The-financial-sector’s-capital-position-remains-strong.aspxThe financial sector’s capital position remains strong14.12.2017 11:39:5014.12.2017 11:35:00
Financial companies feed Finland's economic growthhttp://www.finanssiala.fi/en/news/Pages/Financial-companies-feed-Finland's-economic-growth.aspxFinancial companies feed Finland's economic growth4.1.2018 16:39:2211.12.2017 18:18:00
Money soon transferred in secondshttp://www.finanssiala.fi/en/news/Pages/Money-soon-transferred-in-seconds.aspxMoney soon transferred in seconds9.12.2017 18:11:409.12.2017 18:06:00
Insurers share climate riskshttp://www.finanssiala.fi/en/news/Pages/Insurers-share-climate-risks.aspxInsurers share climate risks7.12.2017 14:10:117.12.2017 13:56:00

 Column

Global solvency regulations align with the European system

Inna Aaltonen, 23 November 2017

When the International Association of Insurance Supervisors (IAIS) announced in December 2014 that it is preparing global insurance capital regulations, Europe responded with concern. Would the new regulations cause changes to the carefully prepared Solvency II framework? Luckily, these concerns seem to have been in vain: insurers who apply the Solvency II requirements will automatically also meet the global requirements..