Regulatory Alerts2021-01-01 | FIN-FSA Regulations and guidelines 11/2021Governance of Pension Foundations and Pension Funds Engaged in Statutory Occupational Pension Insurance
The Finnish Financial Supervisory Authority (FIN-FSA) issued Regulation and Guidelines 11/2021, which became effective on March 31, 2022, to establish governance requirements for pension foundations and pension funds conducting statutory occupational pension insurance. The document provides specific accounting, financial statement, and management report instructions tailored for these entities, distinguishing them from other insurance and pension institutions. Although the full text is available only in Finnish and Swedish, the regulation is part of a broader framework covering risk management, capital adequacy, and conduct of business for supervised financial entities.
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