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17 March: EU Round Table webinar – Towards the completion of the Banking Unionhttps://www.finanssiala.fi/en/news/Pages/Towards-the-completion-of-the-Banking-Union.aspx17 March: EU Round Table webinar – Towards the completion of the Banking Union3.3.2021 11:31:00<div class="ExternalClassBFCB97F888204AEDA3A6EF408D6D1917"><p><span style="font-size:18.2px;">On 17 March 2021, 8.30–10 a.m. CET, Finance Finland is organising a panel discussion on topical issues regarding the completion of the Banking Union.</span><br></p></div>1
Finland's Commerce Committee wants more transparency in banks' additional capital requirementshttps://www.finanssiala.fi/en/news/Pages/Commerce-Committee-wants-transparent-capital-requirements.aspxFinland's Commerce Committee wants more transparency in banks' additional capital requirements1.3.2021 7:45:00<div class="ExternalClassB84E4F6CDA414EC3B28A102A41E3C2EC"><p>​<span style="font-size:18.2px;">In the legislative reform of capital requirements for banks’ systemic risks, the financial sector has a clear goal: if an authority requires additional capital from banks, it needs to disclose its calculation method and the reasons justifying the additional requirement – and this disclosure must be better than it has been so far. On 24 February, the Finnish Parliament’s Commerce Committee outlined that when setting additional capital requirements based on systemic risks, the risks must be described in detail, their extent must be estimated, and the capital requirements must be derived from the risks in a transparent manner.</span><br></p></div>2
The Finnish financial sector calls for more climate investments and effective carbon pricinghttps://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 ownershiphttps://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>4
EIOPA: Insurance sector unshaken by COVID-19 crisishttps://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

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Profit and responsibility go hand in handhttps://www.finanssiala.fi/en/news/Pages/Profit-and-responsibility-go-hand-in-hand.aspxProfit and responsibility go hand in hand10.2.2021 7:36:00<div class="ExternalClassC33382F8AA4941C9933695A6A8638283"><p>​<span style="font-size:18.2px;">Responsibility is a high priority in many corporate agendas. The growing sentiment is that companies should not only create value for their shareholders but also consider how their business impacts their employees, customers, society and the environment. Profit and responsibility tend to go hand in hand, and climate change should be seen also as a business opportunity. Responsibility is key to long-term profitable business.</span><br></p></div>Not to the front page
We have an app for everything from eating and travelling to dating – what about personal development?https://www.finanssiala.fi/en/news/Pages/column-we-have-an-app-for-everything-from-eating-travelling-to-dating-.aspxWe have an app for everything from eating and travelling to dating – what about personal development?14.1.2021 13:40:00<div class="ExternalClass9D4CD040C8034A71975A2DAFD1636E15"><p>​<span style="font-size:18.2px;">Handling the rapid digitalisation of working life requires relevant and adaptable skills. But how to identify the right skills, and how to find and choose the right study module? Taking advantage of cutting edge intelligent digital services, we could develop an app that helps match those seeking education and training with those who provide it.</span><br></p></div>Not to the front page
From the crisis emerged better cooperationhttps://www.finanssiala.fi/en/news/Pages/From-the-crisis-emerged-better-cooperation.aspxFrom the crisis emerged better cooperation23.12.2020 8:30:00<div class="ExternalClass195BB83650E14BE2A53C8FB9841FCB6B"><p>​<span style="font-size:18.2px;">The beginning of 2020 seemed like a strong start for a new decade, a return of the “roaring twenties”. Financial forecasts looked promising, employment was on the rise, and climate change was taken seriously in politics as well as the corporate world. Expectations were high, and we had several good reasons to have a positive outlook for the future.</span><br></p></div>Not to the front page
Speeding up sustainable finance requires slowing down new regulationhttps://www.finanssiala.fi/en/news/Pages/Speeding-up-sustainable-finance-requires-slowing-down-new-regulation.aspxSpeeding up sustainable finance requires slowing down new regulation21.12.2020 12:09:00<div class="ExternalClass8496BEFCAB354D31BD7B655B5FA623B8"><p><span style="font-size:18.2px;">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.</span><br></p></div>Not to the front page
Finnish financial services in the UK partially cut off at the end of the yearhttps://www.finanssiala.fi/en/news/Pages/Finnish-financial-services-in-the-UK-partially-cut-off-at-the-end-of-the-year.aspxFinnish financial services in the UK partially cut off at the end of the year2.12.2020 13:57:00<div class="ExternalClass5D38D0BABDA548468361944AB09C2852"><p>​<span style="font-size:18.2px;">Although the looming Brexit deadline of 31 December will go by unnoticed by most Finns, it may have dramatic effects on permanent UK residents who use Finnish financial services. After the British exit from the European Union, Finnish financial sector entities must obtain a licence to provide services in the UK.</span><br></p></div>Not to the front page

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