Regulatory Alerts2012-01-01 | FIN-FSA Regulations and guidelines 15/2012Regulations and Guidelines on Accounting, Financial Statements and Management Reports: Pension Funds and Pension Foundations
The Finnish Financial Supervisory Authority (FIN-FSA) issues regulations and guidelines governing accounting, financial statements, and management reports specifically for pension funds and pension foundations. These rules, effective from January 1, 2013 and last amended on January 18, 2022, establish the mandatory reporting standards for these entities. The document serves as the authoritative reference for compliance with financial reporting obligations within the Finnish pension sector.
These regulations and guidelines are unfortunately available only in Finnish and Swedish. Please find a link to the Swedish version here.
Regulations and Guidelines 15/2012 (pdf)
Regulations and Guidelines on Accounting, Financial Statements and Management Reports: Pension Funds and Pension Foundations
effective from 1.1.2013
amended 18.1.2022
Attachment Information
Regulations and Guidelines 15/2012 (pdf) Regulations and Guidelines on Accounting, Financial Statements and Management Reports: Pension Funds and Pension Foundations (version 6)
Attachment Information
More information
Request for Comments 6/2013 Regulations and Guidelines on Accounting, Financial Statements and Management Reports for the Insurance Sector - Change to Annexes Regarding Investment Distribution at Fair Value
Request for Comments 9/2015 Regulations and Guidelines on Accounting, Financial Statements and Management Reports for the Insurance Sector
Request for Comments 4/2017 Changes to Regulations and Guidelines for the Insurance Sector as well as Data Collection Forms and Their Guidelines
Request for Comments 21.11.2018 Changes to Regulations and Guidelines for the Insurance Sector as well as Data Collection Forms and Their Guidelines
Request for Comments 25.9.2019 Changes to FIN-FSA Regulations and Guidelines 14/2012 and 15/2012 as well as Data Collection Tables
Comments Received on the Draft Regulations and Guidelines
Comments received with Request for Comments 9/2015, 7.12.2015 (ref. no. FIVA 13/01.00/2015)
Feedback on Received Comments
Comments received with Request for Comments 4/2017, 2.10.2017, (ref. no. FIVA 11/01.00/2017)
Pension Foundation Association - ESY ry
Feedback on Received Comments
Comments received with Request for Comments 21.11.2018 (ref. no. FIVA/13/01.00/2018):
No comments
Comments received with Request for Comments 25.9.2019 (ref. no. FIVA 16/01.00/2019)
Finanssiala ry (pdf)
Employer Pension Insurers TELA ry (pdf)
Ministry of Finance (pdf)
Summary of Comments (pdf)
Summary and Feedback on Comments
FIN-FSA regulations and guidelines
Commencement of activities
Payment institutions and persons providing payment services without a licence
Consumer credit lenders and peer-to-peer loan intermediaries
Organisation of supervised entities’ operations
Organisation of alternative investment fund management and procedures
Outsourcing in supervised entities belonging to the financial sector
Reporting of mortgage bank operations
Alternative investment fund managers
Organisation of investment services and procedures
Preventing Money Laundering and Terrorist Financing
Customer due diligence related to compliance with sanctions regulation and national freezing orders
Risk management
Risk reporting by credit institutions
Reporting of funding plans
Management of operational risk in supervised entities of the financial sector
Management of credit risk and assessment of creditworthiness by supervised entities in the financial sector
Risk management concerning mortgage bank operations
Accounting, financial statements and management report
Regulations and Guidelines on Accounting, Financial Statements and Management Reports: Insurance companies, employer pension insurance companies, insurance associations, mutual insurance undertakings, branches of third-country insurance companies and statutory pension institutions
Regulations and Guidelines on Accounting, Financial Statements and Management Reports: Pension Funds and Pension Foundations
Regulations and Guidelines on Accounting, Financial Statements and Management Reports: Sickness funds and funeral and severance benefit funds
Financial sector regulations and guidelines on reporting of financial information (FINREP)
Financial sector accounting, financial statements and management report
Capital adequacy
Common European Reporting (COREP)
Regulations and Guidelines related to the Capital Requirements Regulation
Prudential reporting for investment firms (IF)
Conduct of Business
Methods used to calculate the maximum compensation charged for early repayment of housing loans
Disclosure of expenses and returns of long-term savings agreements and insurance policies
Calculation of maximum loan-to-value ratio
Procedures to be followed in banking services
Management of default risks in consumer lending
Operations of securities markets
Takeover bid and the obligation to launch a bid
Public insider register of market participants, employer pension insurance companies and fund management companies
Trading parties from third countries
Regulations and guidelines on disclosure obligation
Insurance operations