Regulatory Alerts2013-01-01 | FIN-FSA Regulations and guidelines 19/2013Regulations and Guidelines 19/2013: Coverage of Liability for Supplementary Pension Institutions and Funeral and Divorce Benefit Funds
The Finnish Financial Supervisory Authority (FIN-FSA) issued Regulations and Guidelines 19/2013, effective January 1, 2022, to establish the coverage requirements for liability and pension obligations for supplementary pension institutions and funeral and divorce benefit funds. The document specifies the prudential rules for entities engaged in non-statutory activities, including pension foundations, pension funds, and related benefit funds. It incorporates amendments made on November 9, 2021, following public consultations on changes to insurance sector regulations and reporting forms.
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