Kreditinstitutslag

Luottolaitos ja tietyt samaan ryhmään kuuluvat yritykset voivat luovuttaa asiakastietoja tietyille samaan ryhmään kuuluville yhteisöille, jos salassapitovelvollisuus täyttyy; osa tiedoista on rajattu pois.

Luottolaitos ja siihen kuuluvat ryhmäyhtiöt voivat tietyin salassapitoehdoin luovuttaa asiakastietoja saman ryhmän sisällä sekä tietyille yhteenliittymille.

Luottolaitos ja sen kanssa samaan konsolidointiryhmään kuuluva yritys saa luovuttaa tietyt asiakkaan luottosopimuksia, takaussitoumuksia ja maksamatta olevaa luottoa koskevat tiedot luottotietorekisteriin merkittäväksi.

Luottolaitos ja sen samaan konsolidointiryhmään kuuluva yritys saa luovuttaa vain välttämättömiä tietoja tietyissä tässä pykälässä luetelluissa tilanteissa.

Pankki ja sen konsolidointiryhmään kuuluva yritys voivat tietyissä tilanteissa luovuttaa välttämättömiä tietoja, jos tietojen käyttö ja vastaanottajan salassapito täyttävät laissa asetetut ehdot.

Luottolaitoksen piirissä tietoonsa saatuja asiakas- ja liiketietoja on pidettävä salassa, eikä niitä saa antaa eräille kokouksille tai niihin osallistuville henkilöille.

A credit institution and a company in its consolidation group may disclose necessary information in several specified situations, mainly within groups, for credit reporting, research after 60 years, and dispute handling, subject to GDPR limits and some exclusions.

Luottolaitos ja siihen kuuluva konserniyhtiö saa luovuttaa tietyt asiakasta koskevat luottotiedot luottotietorekisteriin merkittäväksi.

A credit institution and a company in the same consolidated group may disclose certain customer credit and guarantee information to a credit information controller for entry in the credit register.

14 §:n tietoja sisältävä asiakirja voidaan antaa tieteelliseen tutkimuskäyttöön, jos asiakirjan valmistamisesta on kulunut vähintään 60 vuotta ja vastaanottaja antaa kirjallisen sitoumuksen olla käyttämättä sitä vahingoksi tai halventamiseksi.

Luottolaitoksen, sen konserniyhtiön ja rahoituslaitoksen on tunnistettava asiakkaansa, pidettävä riittävät riskienhallintajärjestelmät ja noudatettava asiakashäiriörekisterin käyttöä, merkintöjä ja poistamista koskevia ehtoja.

Banks and related group companies must identify customers and beneficial owners, avoid anonymous accounts, keep adequate risk systems, and may handle customer-disturbance data only within strict limits.

Luottolaitos ja sen samaan konsolidointiryhmään kuuluva yritys saa luovuttaa välttämättömiä tietoja tietyissä poikkeustilanteissa salassapitovelvollisuuden estämättä.

Luottolaitoksen, sen konserniyrityksen ja rahoituslaitoksen on tunnistettava asiakkaansa, eikä niitä saa tarjota nimettömiä tilejä tai tallelokeroita; asiakashäiriörekisteriä saa käyttää ja tietoja pitää poistaa tai ilmoittaa lain edellyttämissä tilanteissa.

A document containing information from section 14 may be given for scientific research use if at least 60 years have passed since it was prepared and the recipient gives a written undertaking not to use it to harm or disparage the person concerned, close relatives, or other protected interests.

Asiakirja, რომელიც contains certain section 14 information, may be given for scientific research use if it is at least 60 years old and the recipient signs a written commitment not to misuse it.

Luottolaitoksen ja sen konsolidointiryhmään kuuluvan yrityksen on tunnettava asiakkaansa, tunnistettava tosiasiallinen edunsaaja ja asiakkaan puolesta toimiva henkilö, ylläpidettävä riittävät riskienhallintajärjestelmät ja noudatettava Finanssivalvonnan tarkempia määräyksiä.

Saman konsolidointiryhmän luottolaitokseen kuuluvaan yritykseen sovelletaan tämän luvun luottolaitosta koskevia säännöksiä vastaavasti. Finanssivalvonta voi antaa tarkempia määräyksiä perusmaksutilistä, sen palveluista, raportoinnista sekä vertailusivuston tiedoista ja ominaisuuksista.

Rules in this chapter for credit institutions also apply to companies in the same consolidated group. Finanssivalvonta may issue more detailed regulations on basic payment accounts, related services, reporting, and comparator site information and features.

Luottolaitosten ja niiden konserniyhtiöiden on tunnettava asiakkaansa, tunnistettava tosiasiallinen edunsaaja ja asiakkaan puolesta toimiva henkilö, eikä anonyymejä tilejä tai tallelokeroita saa tarjota. Luottolaitoksilla ja rahoituslaitoksilla on myös asiakashäiriörekisteriä koskevia rajoituksia, säilytys-/poistovelvoitteita ja ilmoitusvelvollisuus tietyissä kielteisissä päätöksissä.

Rules that apply to a credit institution in this chapter also apply to a company in the same consolidation group. Financial Supervisory Authority may issue detailed regulations on the basic payment account, related services, reporting, and comparison-site information/features.

Credit institutions and companies in their consolidated groups must know their customers, identify the customer’s beneficial owner and person acting on the customer’s behalf, and keep adequate risk management systems.

Luottolaitoksen ja sen konserniin kuuluvan yrityksen on tunnistettava asiakkaansa sekä tarvittaessa asiakkaan tosiasiallinen edunsaaja ja asiakkaan puolesta toimiva henkilö, pidettävä riittävät riskienhallintajärjestelmät ja noudatettava myös AML-lain säännöksiä.

Rules in this chapter that apply to a credit institution also apply, in the same way, to a company in the same consolidation group. Finanssivalvonta may issue more detailed rules on the basic payment account, related services, reporting, and comparison-website information and features.

Luottolaitoksen on tarjottava tilinsiirtopalvelua kuluttajille.

Luottolaitoksen on tarjottava tilinsiirtopalvelua kuluttajille.

Rules for credit institutions in this chapter also apply to companies in the same consolidated group, and the Financial Supervisory Authority may issue detailed regulations on basic payment accounts, reporting, and comparison website information/features.

A credit institution must offer an account transfer service to consumers.

Rules in this chapter that apply to a credit institution also apply, in the same way, to a company in the credit institution’s consolidated group.

Rules in this chapter that apply to a credit institution also apply, in the same way, to a company in the same consolidated group as that credit institution.

Luottolaitoksen on tarjottava tilinsiirtopalvelua kuluttajille.

A credit institution must give consumers specified transfer information for free, publish it in branches and online, must not charge for certain transfer-related items, and must promptly compensate direct financial losses caused by its breach unless an extraordinary unforeseeable event applies.

A credit institution must provide consumers with specified transfer-service information, make it available free of charge in durable form and on its website, charge only reasonable cost-based fees for other transfer services, and compensate consumer losses caused by non-compliance unless an unusual and unforeseeable event applies.

Luottolaitoksen on tarjottava tilinsiirtopalvelua kuluttajille.

Luottolaitoksen on annettava kuluttajille tietyt tilinsiirtoon liittyvät tiedot maksutta ja korvattava laiminlyönneistä aiheutuvat vahingot, mutta se ei saa periä maksuja eräistä tiedoista tai tilin sulkemisesta.

A foreign EEA credit institution may establish a branch in Finland or otherwise provide services in Finland if those services are covered by its licence.

Ulkomainen ETA-luottolaitos voi perustaa sivuliikkeen Suomeen tai tarjota Suomessa toimilupaansa kuuluvia palveluja.

Luottolaitoksen on annettava kuluttajille tietyt tilinsiirtoa koskevat tiedot maksutta, ja siirtävä luottolaitos ei saa veloittaa tietojen antamisesta tai tilin sulkemisesta. Luottolaitoksen on myös korvattava viivytyksettä kuluttajalle aiheutuvat suorat taloudelliset vahingot, ellei sovelleta poikkeusta epätavallisten ja ennalta arvaamattomien seikkojen vuoksi.

The receiving credit institution must carry out and coordinate a consumer’s account-transfer request within set banking-day deadlines.

The receiving credit institution must act quickly after a consumer authorizes account switching, including requesting information from the transferring bank, coordinating the transfer, and notifying the consumer and relevant payers.

Credit institutions must make key account-transfer information available to consumers free of charge, and the transferring institution may not charge for the specified information or account closure.

The receiving bank must, within set banking-day deadlines after the consumer authorizes it, coordinate the account-switching process and notify the relevant parties.

Ulkomainen ETA-luottolaitos saa perustaa sivuliikkeen Suomeen vasta kun sen kotivaltion valvontaviranomainen on ilmoittanut asiasta Finanssivalvonnalle.

Ulkomainen ETA-luottolaitos saa perustaa sivuliikkeen Suomeen, jos sen kotivaltion valvontaviranomainen on ilmoittanut perustamisesta Finanssivalvonnalle. Luottolaitoksen on myös ilmoitettava kirjallisesti etukäteen muutoksista ilmoitettuihin tietoihin.

The receiving credit institution must, within set banking-day deadlines, arrange the consumer’s account-switching steps and notify the relevant parties.

Siirtävän luottolaitoksen on toimitettava tietyt tiedot 5 pankkipäivän kuluessa, tehtävä kuluttajan valtuutuksessa määrätyt toimet määräpäivänä, eikä se saa estää tiliin liitettyjen maksuvälineiden käyttöä ennen sitä päivää.

Siirtävän luottolaitoksen on toimitettava tietyt tiedot viiden pankkipäivän kuluessa, tehtävä toimet kuluttajan valtuutuksessa määrätyn päivän mukaisesti, eikä se saa estää tiliin liitettyjen maksuvälineiden käyttöä ennen kyseistä päivää.

The receiving credit institution must coordinate the transfer of a consumer’s payment account and related payment arrangements within set banking-day deadlines.

The transferring credit institution must deliver the information referred to in section 3 within five banking days, carry out the required measures on the day set in the consumer’s authorization, not block use of account-linked payment instruments before that day, and notify the consumer without undue delay if account closure is impossible because of unpaid commitments.

A branch may start operating only after the required notification under section 59 has been received, or after the statutory processing deadline has expired if no notification was made.

Sivuliike saa aloittaa toimintansa vasta, kun siihen liittyvä ilmoitus on saatu tai ilmoituksen määräaika on umpeutunut.

The transferring credit institution must provide the required information within five banking days, carry out the required measures on the day set in the consumer’s authorization, not block use of payment instruments attached to the account before that day, and notify the consumer without undue delay if account closure is not possible because of unpaid commitments.

Kun kuluttaja pyytää siirtävää luottolaitosta, sen on annettava tiedot maksutta, siirrettävä positiivinen saldo ja suljettava maksutili.

When a consumer asks, the transferring credit institution must give the specified information free of charge, transfer any positive balance to the receiving provider’s account, and close the payment account.

Siirtävän luottolaitoksen on toimitettava tiedot viiden pankkipäivän kuluessa, tehtävä toimenpiteet kuluttajan valtuutuksen mukaisena päivänä, eikä tiliin liitettyjen maksuvälineiden käyttöä saa estää ennen kyseistä päivää.

Kun kuluttaja pyytää tilinsiirtoa, siirtävän luottolaitoksen on annettava tietyt tiedot maksutta, siirrettävä positiivinen saldo ja suljettava maksutili.

This section says that the right of the Financial Supervisory Authority to prohibit a branch’s operations from continuing wholly or partly is provided in section 61 of the Act on the Financial Supervisory Authority.

This section says that the power to prohibit a branch’s operations, fully or partly, is provided in Section 61 of the Act on the Financial Supervisory Authority.

When a consumer requests it, the transferring credit institution must provide the specified information free of charge, transfer the positive balance to the receiving provider’s account, and close the payment account.

A credit institution must report to the Financial Supervisory Authority the number of transferred accounts and refused transfer applications in the account transfer service covered by this chapter.

A credit institution must report to the Financial Supervisory Authority the number of accounts transferred and transfer applications refused in the account transfer service covered by this chapter.

When a consumer requests it, the transferring credit institution must provide certain information free of charge, transfer a positive balance, and close the payment account.

Luottolaitoksen on ilmoitettava Finanssivalvonnalle tässä luvussa tarkoitetussa tilinsiirtopalvelussa siirrettyjen tilien ja evättyjen siirtohakemusten lukumäärä.

A third-country credit institution may offer certain licensed services through a branch established in Finland, and it may also have a representative office in Finland.

A third-country credit institution may operate a branch in Finland to provide licensed services, and it may also have a representative office in Finland.

A credit institution must report to Finanssivalvonta the number of accounts transferred and transfer applications denied in the transfer service covered by this chapter.

Luottolaitoksen on varmistettava, että tietyt kuluttaja-asiat voidaan viedä riippumattoman toimielimen käsiteltäväksi, ja talletuspankin on neuvottava kuluttajaa muutoksenhakumenettelystä perusmaksutiliä koskevissa päätöksissä.

Luottolaitoksen on varmistettava, että tietyt kuluttajan ja luottolaitoksen väliset erimielisyydet voidaan viedä riippumattoman riidanratkaisuelimen käsiteltäväksi. Talletuspankin on lisäksi neuvottava kuluttajaa siitä, miten perusmaksutilihakemuksen hylkääminen tai perusmaksutilin irtisanominen tai purkaminen voidaan saattaa vaihtoehtoisen riidanratkaisuelimen käsiteltäväksi.

A credit institution must report to the Financial Supervisory Authority the number of accounts transferred and rejected transfer applications in the transfer service covered by this chapter.

Credit institutions must ensure certain consumer disputes can be referred to an independent dispute-resolution body, and deposit banks must inform consumers how to challenge certain basic payment account decisions.

A third-country credit institution intending to operate in Finland must apply to the Financial Supervisory Authority for a branch permit and attach specified supporting information.

A third-country credit institution must apply to Finanssivalvonta for a licence for a branch in Finland and include the required supporting information.

Luottolaitoksen on varmistettava, että tietyt kuluttajan ja luottolaitoksen väliset erimielisyydet voidaan viedä riippumattoman toimielimen käsiteltäväksi, ja talletuspankin on neuvottava kuluttajaa perusmaksutilipäätöksen muutoksenhakumenettelyistä.

Finanssivalvonta may issue more detailed rules on the account-transfer reporting referred to in section 6.

Finanssivalvonta may issue more detailed rules on the transfer-reporting mentioned in section 6.

A credit institution must make sure certain consumer disputes can be taken to an independent dispute body, and a deposit bank must tell consumers how to challenge certain basic payment account decisions through an alternative dispute-resolution body.

Finanssivalvonta may issue more detailed rules on the reporting referred to in section 6.

Finanssivalvonta must grant a branch licence if the listed conditions are met, decide on the application within set time limits, and notify several EU bodies when the licence is granted.

Finanssivalvonta must grant a branch licence if the listed requirements are met, decide on the application within set time limits, and notify several authorities after granting the licence.

Finanssivalvonta may issue more detailed rules on the account-transfer reporting referred to in section 6.

Ulkomainen ETA-luottolaitos, ulkomainen ETA-rahoituslaitos ja niiden tytäryritys voivat perustaa sivuliikkeen Suomeen tai tarjota Suomessa luvanvaraisia palveluja, jos palvelut sisältyvät toimilupaan.

Tietyt ulkomaiset ETA-luottolaitokset, ETA-rahoituslaitokset ja niiden tytäryritykset saavat perustaa sivuliikkeen Suomeen tai tarjota siellä toimilupaansa kuuluvia palveluja.

Finanssivalvonta may issue more detailed rules on the reporting referred to in section 6.

An EEA credit institution, an EEA financial institution, and the subsidiary of such an institution may set up a branch in Finland or otherwise provide the services covered by its licence.

Finanssivalvonta must promptly revoke a branch licence if the home-state authority of the third-country credit institution has revoked that institution’s licence.

Finanssivalvonnan must immediately revoke a branch licence if the home-state authority of the third-country credit institution has revoked the institution’s licence, and it must notify specified EU bodies and funds about the revocation.

Ulkomainen ETA-luottolaitos saa perustaa sivuliikkeen Suomeen tai tarjota siellä palveluja, jos ne kuuluvat sen toimilupaan.

A foreign EEA credit institution may open a branch in Finland once its home state supervisory authority has notified Finanssivalvonta. It must give Finanssivalvonta written advance notice of changes to the notified information at least one month before they are implemented.

Ulkomainen ETA-luottolaitos voi perustaa sivuliikkeen Suomeen, jos sen kotivaltion valvontaviranomainen on ilmoittanut asiasta Finanssivalvonnalle.

Certain EEA foreign credit and financial institutions, and their subsidiaries, may set up a branch in Finland or otherwise provide in Finland the services covered by their licence.

Ulkomainen ETA-luottolaitos voi perustaa sivuliikkeen Suomeen, kun sen kotivaltion viranomainen on ilmoittanut asiasta Finanssivalvonnalle. Ennen perustamista annetussa ilmoituksessa on oltava riittävät tiedot sivuliikkeestä, vastuuhenkilöistä ja johtajasta, ja myöhemmistä muutoksista on ilmoitettava vähintään kuukautta etukäteen.

If the supervisor revokes a branch licence, the branch must stop operating immediately. After closure, the foreign credit institution must promptly tell affected creditors and debtors how contractual obligations and overdue claims will be handled, and the supervisor may issue more detailed rules.

If the Financial Supervisory Authority revokes a branch’s licence, the branch must stop operating immediately.

Ulkomainen ETA-luottolaitos may establish a branch in Finland after the home supervisory authority has notified Finanssivalvonta, and it must notify Finanssivalvonta in writing of changes to the notified information at least one month before implementing them.

A branch may start operating after the required notice under section 59 has been received, or after the statutory processing deadline has passed without a notice being issued.

Sivuliike may start operating once the required notice under section 59 has been received, or when the processing deadline for that notice has passed without a notice being issued.

Ulkomainen ETA-luottolaitos may establish a branch in Finland if its home-state supervisory authority has notified the Financial Supervisory Authority. It must also notify the Financial Supervisory Authority in writing of certain changes at least one month before they are implemented.

Sivuliike saa aloittaa toimintansa vasta, kun ulkomaisen ETA-luottolaitoksen ilmoitus on saatu tai käsittelylle säädetty määräaika on päättynyt.

A third-country credit institution must notify Finanssivalvonta before opening a representative office in Finland, and the notification must include the office address, responsible person, and the nature and scope of the activity.

A third-country credit institution must notify Finanssivalvonta before opening a representative office in Finland, include specified details in the notice, and the representative office may only start operating after the notice has been made.

A branch may start operating once it has received the notice referred to in section 59, or when the processing deadline for that notice has expired if no notice was issued in time.

This section says that the rule on the Financial Supervisory Authority’s right to prohibit a branch from continuing operations is found in section 61 of the Act on the Financial Supervisory Authority.

This provision says that Finanssivalvonta’s power to prohibit a branch from continuing operations, in whole or in part, is regulated elsewhere.

A branch may start operating only after the required notice has been received, or after the processing deadline has expired if no notice was issued in time.

This section says the rule on the Financial Supervisory Authority’s power to prohibit a branch from continuing operations wholly or partly is found in section 61 of the Act on the Financial Supervisory Authority.

Finanssivalvonta may stop a representative office from continuing operations in Finland if the required notice was not filed, the notice was inaccurate or incomplete, or the office has materially breached financial market rules or orders.

Finanssivalvonta may prohibit a representative office from continuing to operate in Finland if the required notice was not filed, the notice was incorrect or incomplete, or the office seriously breached financial market rules or regulations.

This section points to Section 61 of the Act on Financial Supervision for rules on the Financial Supervisory Authority’s power to prohibit a branch from continuing operations, fully or partly.

A third-country credit institution may offer certain licensed services from a Finland-established branch, may have a representative office in Finland, and may in some cases provide investment services without setting up a branch if the stated conditions are met.

A third-country credit institution may provide certain services from a branch in Finland, may also have a representative office in Finland, and may in some cases provide investment services without setting up a branch.

Tässä pykälässä todetaan, että Finanssivalvonnan oikeudesta kieltää sivuliikkeen toiminnan jatkaminen kokonaan tai osittain säädetään erikseen toisessa laissa.

Kolmannen maan luottolaitos voi perustaa sivuliikkeen Suomeen, pitää siellä edustuston ja tietyin edellytyksin tarjota sijoituspalveluja myös ilman sivuliikettä.

This section says that the rules on applying the Investment Services Act to a foreign EEA credit institution that provides investment services are set out elsewhere in the Act.

This provision says the rules for applying the Investment Services Act to a foreign EEA credit institution that provides investment services are set out in chapter 1, section 5(1) and (2) of that Act.

A third-country credit institution may operate a branch in Finland to provide licensed services, and it may also have a representative office in Finland.

A third-country credit institution that wants to conduct credit institution business in Finland must apply to the Financial Supervisory Authority for a branch licence.

A non-EU credit institution that wants to operate in Finland must apply to the Financial Supervisory Authority for a branch licence.

A third-country credit institution may operate from a Finnish branch, may have a representative office in Finland, and may provide certain investment services in Finland without setting up a branch if the stated conditions are met.

A third-country credit institution must apply to the Financial Supervisory Authority for a licence for a branch to be established in Finland, and the application must include specified supporting information.

This section says the application of the Investment Services Act to a third-country credit institution providing investment services is regulated elsewhere.

This section says that rules on applying the Investment Services Act to a third-country credit institution providing investment services are set out in another provision.

A third-country credit institution must apply to the Financial Supervisory Authority for a licence for a branch in Finland.

Finanssivalvonta must grant a branch licence if the listed conditions are met, decide on the application within set time limits, and may set or later change licence conditions.

The supervisor must grant a branch licence if the listed prudential, deposit-protection, governance, and AML conditions are met.

A third-country credit institution that plans to operate in Finland must apply to Finanssivalvonta for a branch licence and submit the required statements and supporting documents.

Finanssivalvonta must grant a branch licence if the listed conditions are met, and it must decide on the application within set time limits.

This section says membership of a foreign credit institution’s branch in the investor compensation fund is regulated by Investment Services Act Chapter 11, sections 18–25.

This section says that membership of a foreign credit institution’s branch in the investor compensation fund is governed by sections 18–25 of the Securities Markets Act.

Finanssivalvonta must grant a branch licence if the listed conditions are met, must decide within set time limits, and may attach or later change licence conditions.

Finanssivalvonnan must immediately revoke a branch licence if the third-country credit institution’s home-state authority has revoked that institution’s licence, and it must notify specified EU bodies and funds of the revocation.

Finanssivalvonnan on peruutettava sivuliikkeen toimilupa viipymättä, kun kolmannen maan luottolaitoksen kotivaltion viranomainen on peruuttanut luottolaitoksen toimiluvan.

Finanssivalvonta must grant a branch licence if the listed conditions are met, decide the application within 6 months (and always within 12 months), and may add or later change necessary licence conditions.

Finanssivalvonta must revoke a branch licence promptly if the home-state authority of a third-country credit institution has revoked that institution’s licence.

Foreign credit institution branches must keep risks, liquidity, and customer information systems at a sufficient level, and Finanssivalvonta may demand liquidity-management principles and issue more detailed calculation rules.

Foreign credit institution branches must manage risk, keep adequate liquidity and customer information systems, and a third-country credit institution must maintain at least EUR 5 million in Finland for the branch.

Finanssivalvonta must immediately revoke a branch licence if the home-state authority has revoked the credit institution’s licence, and it must notify specified EU bodies and funds of the revocation.

If the supervisor withdraws a branch licence, the branch must stop operating immediately, and the foreign credit institution must promptly notify affected creditors and debtors about how contractual obligations and payments will be handled.

If the supervisor revokes a branch’s licence, the branch must stop operating immediately.

Finanssivalvonnan on viipymättä peruutettava sivuliikkeen toimilupa, jos kolmannen maan luottolaitoksen kotivaltion viranomainen on peruuttanut luottolaitoksen toimiluvan.

If the Financial Supervisory Authority revokes a branch license, the branch must stop operating immediately. A foreign credit institution must also promptly notify its creditors and debtors about how contract obligations and due claims will be handled after the branch closes.

The rule in chapter 5 sections 16 and 17 on preparedness and cost compensation also applies to branches of foreign credit institutions, but not to branches of foreign EEA credit institutions if they have already secured equivalent preparedness under home-state law and given sufficient proof to the Financial Supervisory Authority.

Ulkomaisen luottolaitoksen sivuliikkeeseen sovelletaan varautumista ja kustannusten korvaamista koskevia 5 luvun 16 ja 17 §:n säännöksiä, mutta ulkomaisen ETA-luottolaitoksen sivuliike voi jäädä niiden ulkopuolelle tietyin edellytyksin.

If Finanssivalvonta revokes a branch’s licence, the branch must stop operating immediately. A foreign credit institution must then promptly notify creditors and debtors about how contractual obligations and overdue claims will be handled, and Finanssivalvonta may issue more detailed procedural rules.

A third-country credit institution opening a representative office in Finland must notify the Financial Supervisory Authority and include the office address, responsible person, and nature and scope of activities. The office may not carry out certain Chapter 5, Section 1 activities, and it may start operating after the notification is made.

A third-country credit institution must notify Finanssivalvonta before opening a representative office in Finland, include specified details in the notice, and the representative office may not carry out certain activities. The office may start operating only after the notification is made.

If the Financial Supervisory Authority revokes a branch licence, the branch must stop operating immediately, and the foreign credit institution must promptly notify relevant creditors and debtors about how contractual obligations and claims will be handled.

A third-country credit institution must notify the Financial Supervisory Authority before opening a representative office in Finland, and the office may not carry out certain Chapter 5 Section 1 activities.

Foreign credit institutions covered by this provision must follow specified sections of the Act, and they must state their name and home state in marketing.

Ulkomainen luottolaitos on markkinoinnissaan ilmoitettava nimensä ja kotivaltionsa.

A third-country credit institution must notify Finanssivalvonta before opening a representative office in Finland, and the representative office may not carry out the activities listed in Chapter 5, section 1.

Finanssivalvonta may forbid a representative office from continuing operations in Finland if the required notice was not filed, the notice contains incorrect or incomplete information, or the office has substantially breached financial market rules or orders.

Finanssivalvonta may prohibit a representative office from continuing operations in Finland if the required notification was not made, the notification is incorrect or incomplete, or the office has seriously breached financial market rules or orders.

A third-country credit institution must notify Finanssivalvonta before opening a representative office in Finland, and the notice must include the office address, the responsible person, and the nature and scope of the activities.

Finanssivalvonta may prohibit a representative office from continuing operations in Finland if the section 6 notification was not made, the notification is incorrect or incomplete, or the office has materially violated financial market rules.

A branch or representative office may disclose certain required information to the home-state authority, supervisory community, or auditor, despite the first paragraph.

Branches and representative offices may, despite subsection 1, give specified information to the home-state authority, the supervising body, and the auditor of the represented credit institution.

Finanssivalvonta may forbid a representative office from continuing operations in Finland if the required notice was not filed, the notice is incorrect or incomplete, or the office has materially violated financial market rules.

A third-country credit institution planning to provide investment services through a branch in Finland, or to carry on investment activities, is covered by the rules in the Investment Services Act and EU MiFIR Title VIII instead of this chapter.

This section says that for a third-country credit institution planning to offer investment services in Finland through a branch or carry on investment activity, the rules in the Investment Services Act and Title VIII of the EU Market in Financial Instruments Regulation apply instead of this chapter.

Finanssivalvonta may prohibit a representative office from continuing operations in Finland if the required notice was not filed, the notice contains incorrect or incomplete information, or the office has substantially breached financial market rules or regulations.

Jos kolmannen maan luottolaitos aikoo tarjota Suomessa sijoituspalveluja sivuliikkeen kautta tai harjoittaa sijoitustoimintaa, tähän lukuun ei sovelleta, vaan sovelletaan sijoituspalvelulakia ja EU:n rahoitusvälineiden markkinat -asetuksen VIII osastoa.

A foreign bank branch must publish specified financial statements and reports in Finnish or Swedish unless the Financial Supervisory Authority grants permission for another language; the Bank of Finland has a right to receive corresponding information for its tasks.

A foreign credit institution’s branch must publish the institution’s financial statements, consolidated financial statements, annual report, consolidated annual report, and the auditors’ reports. The publication must be in Finnish or Swedish unless the Financial Supervisory Authority grants special permission for another language. The Bank of Finland may also obtain corresponding information for its duties.

The provision says that rules on applying the Investment Services Act to a foreign EEA credit institution providing investment services are laid down in Chapter 1, Section 5, subsections 1 and 2.

Tässä pykälässä todetaan, että ulkomaiseen ETA-luottolaitokseen, joka tarjoaa sijoituspalveluja tai harjoittaa sijoitustoimintaa, sovelletaan sijoituspalvelulain tiettyjä säännöksiä.

This section says that the application of the Investment Services Act to foreign EEA credit institutions offering investment services or conducting investment business is governed by specific provisions of that Act.

A third-country credit institution planning to provide investment services in Finland through a branch is governed by the Investment Services Act and Chapter VIII of the EU markets-in-financial-instruments regulation instead of this chapter.

The cited Investment Services Act provisions apply to foreign EEA credit institutions that provide investment services or conduct investment activity.

A foreign credit institution’s branch must notify the trade register. A foreign EEA credit institution may use the same business name in Finland as in its home state, and the Finnish Patent and Registration Office may require a distinguishing addition in some cases.

A foreign credit institution’s branch must be notified to the trade register. An EEA foreign credit institution may use the same trade name in Finland as in its home state, but the Finnish Patent and Registration Office may require a distinguishing addition in some cases.

This section says that the application of the Investment Services Act to a third-country credit institution providing investment services is governed by Chapter 1, Section 5(3).

This section says rules on applying the Investment Services Act to a third-country credit institution are set out in the cited provisions.

This section says that how the Securities Markets Act applies to a third-country credit institution offering or conducting investment services is governed in another provision.

This section says that the Investment Services Act applies to foreign EEA credit institutions that provide investment services or carry on investment activities, and that this application is governed by the cited provisions.

This section says that the application of the Investment Services Act to a third-country credit institution that provides investment services or carries on investment business is regulated elsewhere in the Investment Services Act.

A branch manager of a foreign credit institution is responsible for the branch’s operations and represents the institution in legal relations tied to the branch.

Ulkomaisen luottolaitoksen sivuliikkeen johtaja vastaa sivuliikkeen toiminnasta ja edustaa luottolaitosta. Tietyt henkilöt eivät voi toimia johtajana, ja kolmannen maan luottolaitoksen sivuliikkeen johtajan sekä mahdollisten toiminimen kirjoittajien on asuttava Suomessa, ellei Finanssivalvonta myönnä poikkeusta.

This provision says that the membership of a foreign credit institution’s branch in the investor compensation fund is regulated in the Securities Markets Act.

This section says rules on a foreign credit institution branch’s membership in the investor compensation fund are found in the Investment Services Act.

This section says that membership of a foreign credit institution’s branch in the investor compensation fund is regulated in the Securities Markets Act.

This provision says that the application of the Investment Services Act to a third-country credit institution is governed by section 1:7 and section 1:8(3) of that Act.

This section says the rules on a foreign credit institution branch’s membership in the investor compensation fund are set out in the Investment Services Act.

A summons or other service is treated as served on a foreign credit institution when it is served on a person authorized to represent the institution alone or together with another person.

A summons or other notice is treated as served on a foreign credit institution when it is delivered to a person authorized to represent the institution; if no such representative is registered, service may be made by delivering the documents to an employee, or otherwise to the police authority at the branch location.

Foreign credit institutions and their branches must keep risks and liquidity controlled, maintain adequate customer information systems, and a third-country credit institution must keep at least EUR 5 million in Finland for the branch.

Foreign credit institutions and their branches must limit risk, maintain sufficient liquidity and systems, and keep required funds and information systems in place.

Foreign credit institution branches in Finland must manage risk and liquidity safely, keep adequate customer information systems, and in some cases hold at least EUR 5 million in Finland.

This provision says rules on a foreign credit institution branch’s membership in the investor compensation fund are laid down in another statute.

Foreign credit institution branches in Finland must keep risks and liquidity under control, maintain adequate systems and customer information capability, and a third-country institution must keep at least EUR 5 million in Finland for the branch.

The branch manager of a foreign credit institution must compensate damage caused intentionally or negligently to a branch customer or other person by violating this law or another rule on branch operations.

The manager of a foreign credit institution’s branch must compensate damage caused intentionally or negligently in their work by breaking this law or another rule governing the branch’s operations.

Ulkomaisen luottolaitoksen sivuliikkeeseen sovelletaan poikkeusoloihin varautumista ja kustannusten korvaamista koskevia 5 luvun 16 ja 17 §:n säännöksiä, mutta ulkomaisen ETA-luottolaitoksen sivuliike voi jäädä tämän ulkopuolelle tietyin edellytyksin.

Foreign credit institution branches are covered by the preparedness and cost-compensation rules in Chapter 5, Sections 16 and 17.

Ulkomaisen luottolaitoksen sivuliike ja tietyt merkittävät sivuliikkeet kuuluvat varautumissääntöjen piiriin; ulkomaisen ETA-luottolaitoksen sivuliike voi kuitenkin saada poikkeuksen, jos se on varmistanut toimintansa poikkeusoloissa kotivaltion lain nojalla ja toimittanut siitä riittävän selvityksen Finanssivalvonnalle.

Ulkomaisen luottolaitoksen sivuliikkeen on pidettävä riskit ja maksuvalmius riittävinä, ylläpidettävä riittävät järjestelmät ja annettava Finanssivalvonnan pyynnöstä maksuvalmiuden hallinnan periaatteet.

Foreign credit institution branches and certain significant branches are covered by emergency-preparedness rules; an EEA foreign credit institution branch is exempt from subsection 1 if it has equivalent home-state arrangements and gives sufficient notice to Finanssivalvonta.

Jos ulkomaisen luottolaitoksen Suomessa olevan sivuliikkeen tilillä olevia erääntyneitä ja riidattomia saatavia ei ole maksettu talletussopimuksen mukaisesti, tallettaja voi ilmoittaa asiasta Finanssivalvonnalle, ja Finanssivalvonnan on viipymättä tehtävä korvausvaatimus ulkomaiselle talletussuojarahastolle tai muulle vastaavalle viranomaiselle.

A depositor may notify Finanssivalvonta if a foreign credit institution has not paid certain due and undisputed claims, and Finanssivalvonta must then promptly seek compensation from the relevant foreign deposit protection authority.

Foreign credit institutions and their branches must follow specified banking provisions, with one stated exception, and a foreign credit institution must state its name and home state in marketing.

Foreign credit institutions covered by this section must follow specified banking provisions, and when marketing they must state their name and home state.