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The Finnish financial sector calls for more climate investments and effective carbon pricinghttp://www.finanssiala.fi/en/news/Pages/Finnish-financial-sector-calls-for-more-climate-investments-and-effective-carbon-pricing.aspxThe Finnish financial sector calls for more climate investments and effective carbon pricing23.2.2021 12:37:00<div class="ExternalClassED9E5A9E4CA44D2D97BB1F4B00565B37"><p>​<span style="font-size:18.2px;">Finance Finland participates in the Call on Carbon initiative, which aims to ramp up climate investments and increase the effectiveness of carbon pricing. Effective and reliable carbon pricing instruments are necessary in order to limit global warming to 1.5 degrees Celsius, but they would also promote a more stable and predictable investment market.</span><br></p></div>1

 

 

Aalto University establishes a professorship in ownershiphttp://www.finanssiala.fi/en/news/Pages/Aalto-University-establishes-a-professorship-in-ownership.aspxAalto University establishes a professorship in ownership11.2.2021 10:32:00<div class="ExternalClass6777335309E34AF7AC3F7689570D60F8"><p>​<span style="font-size:18.2px;">Aalto University promotes Finnish ownership expertise, academic research and teaching with a unique professorship in ownership. The professorship is established with donated funds and placed in the Aalto University School of Business.</span><br></p></div>2

 

 

EIOPA: Insurance sector unshaken by COVID-19 crisishttp://www.finanssiala.fi/en/news/Pages/EIOPA-Insurance-sector-unshaken-by-COVID-19-crisis.aspxEIOPA: Insurance sector unshaken by COVID-19 crisis4.2.2021 15:31:00<div class="ExternalClass0E8CEE1BB44E4C028A5D5AEAF3A53B86"><p>​<span style="font-size:18.2px;">The European insurance sector continued to function as normal during the COVID-19 crisis, observes the European Insurance and Occupational Pensions Authority (EIOPA) in its latest consumer trends report. Despite initial concerns, insurers successfully guaranteed business continuity through their efforts. Evidence from consumer interviews also confirms that the processes of buying insurance products, upholding contracts and paying out compensations have also functioned. The shift towards digital channels has crystallised many of their benefits both for insurers and intermediaries as well as for consumers.</span><br></p></div>3

 

 

Financial sector and CEPS in agreement: Effective prevention of money laundering needs smoother information exchangehttp://www.finanssiala.fi/en/news/Pages/CEPS-report-Effective-prevention-of-money-laundering-needs-smoother-information-exchange.aspxFinancial sector and CEPS in agreement: Effective prevention of money laundering needs smoother information exchange29.1.2021 9:10:00<div class="ExternalClass0C99939F28834F8FB2E327DB7DE96E9F"><p>​<span style="font-size:18.2px;">Banks’ reports of suspicious transactions are inadequately followed up on by Financial Intelligence Units, criticises the Centre for European Policy Studies (CEPS) in its report. The report also calls for secure information exchange between the public and private sectors. According to the think tank’s assessment, as much as 5% of global GDP is laundered each year.</span><br></p></div>4

 

 

National strategy to promote financial literacy makes headway in Finlandhttp://www.finanssiala.fi/en/news/Pages/National-strategy-to-promote-financial-literacy-makes-headway-in-Finland.aspxNational strategy to promote financial literacy makes headway in Finland2.2.2021 13:11:00<div class="ExternalClass64B285F58AF14F4C85A1E5C24685067C"><p>​<span style="font-size:18.2px;">The Bank of Finland has submitted a proposal to the Ministry of Justice for Finland's first national financial literacy strategy. The objective of the strategy is for Finns to have the world’s best financial literacy by 2030. The Finnish financial sector has had its sights set on a national strategy for several years and cheers this progress.</span><br></p></div>5

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Speeding up sustainable finance requires slowing down new regulation

Elina Kamppi, 21 Dec 2020

The past year has been a year of speculation in sustainable finance. We have been looking for interpretations of how the EU Disclosures Regulation obligates the providers, producers and sellers of investment services and products in practice. Unfortunately, the search has not yielded much results, and until the ESAs bring more clarity to the matter in early 2021, we can only continue to speculate. Originally, the EU technical standards were to be finalised by the end of 2020. The regulation enters implementation in March.

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Consultation on proposed Initiative on Sustainable Corporate Governancehttp://www.finanssiala.fi/en/statements/FFI_response_04022021_EC_Consultation_on_proposed_Initiative_on_Sustainable_Corporate_Governance.pdfConsultation on proposed Initiative on Sustainable Corporate Governance3.2.2021 22:00:00
Review of Regulation on improving securities settlement in the EU and on CSDshttp://www.finanssiala.fi/en/statements/FFI_response_01022021_EC_Review_of_Regulation_on_improving_securities_settlement_in_the_EU_and_on_CSDs.pdfReview of Regulation on improving securities settlement in the EU and on CSDs31.1.2021 22:00:00
FFI response to Commission on ESAP IIAhttp://www.finanssiala.fi/en/statements/FFI_response_14012021_to_Commission_on_ESAP_IIA.pdfFFI response to Commission on ESAP IIA13.1.2021 22:00:00

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The Finnish financial sector calls for more climate investments and effective carbon pricinghttp://www.finanssiala.fi/en/news/Pages/Finnish-financial-sector-calls-for-more-climate-investments-and-effective-carbon-pricing.aspxThe Finnish financial sector calls for more climate investments and effective carbon pricing23.2.2021 12:41:1523.2.2021 12:37:00
Aalto University establishes a professorship in ownershiphttp://www.finanssiala.fi/en/news/Pages/Aalto-University-establishes-a-professorship-in-ownership.aspxAalto University establishes a professorship in ownership11.2.2021 11:33:0011.2.2021 10:32:00
Profit and responsibility go hand in handhttp://www.finanssiala.fi/en/news/Pages/Profit-and-responsibility-go-hand-in-hand.aspxProfit and responsibility go hand in hand16.2.2021 7:51:1110.2.2021 7:36:00
EIOPA: Insurance sector unshaken by COVID-19 crisishttp://www.finanssiala.fi/en/news/Pages/EIOPA-Insurance-sector-unshaken-by-COVID-19-crisis.aspxEIOPA: Insurance sector unshaken by COVID-19 crisis23.2.2021 12:41:374.2.2021 15:31:00
National strategy to promote financial literacy makes headway in Finlandhttp://www.finanssiala.fi/en/news/Pages/National-strategy-to-promote-financial-literacy-makes-headway-in-Finland.aspxNational strategy to promote financial literacy makes headway in Finland23.2.2021 12:44:302.2.2021 13:11:00
Financial sector and CEPS in agreement: Effective prevention of money laundering needs smoother information exchangehttp://www.finanssiala.fi/en/news/Pages/CEPS-report-Effective-prevention-of-money-laundering-needs-smoother-information-exchange.aspxFinancial sector and CEPS in agreement: Effective prevention of money laundering needs smoother information exchange11.2.2021 10:47:5129.1.2021 9:10:00