The financial sector is largely regulated at EU level, and much of our lobbying work therefore focuses on EU legislation. FFI’s EU lobbying involves cooperation with the European umbrella organisations, communicating the sector’s positions forward in meetings and memos both independently and together with our partners.
We attend meetings with the European umbrella organisations (EBF, Insurance Europe, EFAMA, Eurofinas, Leaseurope, EPC, European Coverered Bonds Council) and also arrange separate meetings with EU policy-makers. These include Commission officials, members of the European Parliament and their assistants, financial supervisors, and other financial sector stakeholders.
Having a Single Rulebook, uniform supervision
and high-quality investor protection in the EU
benefits the Finnish financial sector.
These elements secure the stability
and reliability of European financial markets.
FFI’s strength lies in our comprehensive expertise in all areas of the financial services sector. Our lobbying pays particular attention to the special characteristics of the Finnish and Nordic sectors. Being the representative of the entire financial sector makes us unique in Europe, where the different types of financial companies typically organise themselves with their own interest groups.
Our work in Brussels is facilitated by the Nordic Finance Office we set up in 2019 together with the banking and securities associations of Denmark, Norway and Sweden.
FFI’s EU lobbying is in the hands of a designated EU team led by Director Mari Pekonen-Ranta. The team monitors ongoing and upcoming EU projects, standing ready to represent the Finnish financial sector’s interests. We engage in lobbying especially when a project carries particular Finnish or Nordic interest.
Finance Finland is a registrant in the European Commission’s Transparency Register. The purpose of the register is to inform citizens about the groups and organisations that seek to influence EU decision-making. The relations of these interest representatives are governed with a Code of Conduct.