Kreditinstitutslag

Ulkomaisen luottolaitoksen sivuliikkeen ja Suomessa palveluja tarjoavan ulkomaisen luottolaitoksen on noudatettava tiettyjä lain säännöksiä, ellei laista muuta johdu. Ulkomaisen luottolaitoksen on myös markkinoinnissaan ilmoitettava nimensä ja kotivaltionsa.

Foreign bank branches are covered by the preparedness and cost-compensation rules, and significant branches must maintain readiness to use security-of-supply systems. An EEA foreign credit institution branch is exempt from subsection 1 if it has ensured emergency task performance under home-state law and provided sufficient evidence to Finanssivalvonta.

Foreign credit institutions marketing in this context must state their name and home state.

This section defines key terms used in the chapter.

This section defines four terms used in the chapter.

Foreign credit institution branches and representative offices may disclose specified information to the home-state authority, supervisory body, or auditor, despite paragraph 1.

Ulkomaisen luottolaitoksen sivuliikkeen ja edustuston työntekijöihin sekä sivuliikkeen tietojenkäsittelyyn sovelletaan viittaussäännöksiä, ja sivuliikkeellä ja edustustolla on oikeus antaa tietyt ilmoitettavat tiedot määrätyille vastaanottajille.

Ulkomaisen luottolaitoksen sivuliike ja edustusto saavat tietyin ehdoin antaa ilmoitettavaksi säädettyjä tietoja kotivaltion viranomaiselle, valvontayhteisölle ja tilintarkastajalle.

Ulkomaisen luottolaitoksen sivuliike ja tietyt ulkomaiset luottolaitokset saavat Suomessa soveltaa määrättyjä lain kohtia, mutta palvelujen vapaaseen tarjontaan perustuvissa tilanteissa tiettyjä asuntoluottodirektiivin kohtia ei sovelleta. Markkinoinnissa ulkomaisen luottolaitoksen on ilmoitettava nimensä ja kotivaltionsa.

This section says foreign credit institution branches and representative offices may, despite the first paragraph, give specified information to the home-state authority, a supervisory body, or the auditor of the represented credit institution.

If certain Finnish authorities consider it appropriate to start a recovery measure for a foreign EEA credit institution’s Finnish branch, they must notify the credit institution’s home-state supervisory authority; Finanssivalvonta serves the notice.

A home-state decision to start recovery or liquidation for a foreign EEA credit institution also applies to its branch in Finland. If the Ministry of Finance, the Bank of Finland, or the Financial Supervisory Authority considers recovery should start, they must notify the home-state supervisory authority, and the Financial Supervisory Authority gives the notification.

Ulkomaisen luottolaitoksen sivuliikkeen on julkaistava tietty tilinpäätös- ja toimintakertomusaineisto suomeksi tai ruotsiksi, ellei Finanssivalvonta anna lupaa muulla kielellä julkaisemiseen.

Ulkomaisen luottolaitoksen sivuliikkeen on julkaistava tietyt tilinpäätös- ja toimintakertomustiedot suomeksi tai ruotsiksi, ellei Finanssivalvonta salli muuta kieltä. Kolmannen maan luottolaitoksen sivuliike joutuu myös toimittamaan Finanssivalvonnalle laajat valvontatiedot vähintään vuosittain määräyksestä, ja Suomen Pankilla on oikeus saada vastaavia tietoja tehtäviensä hoitamiseksi.

Ulkomaisen luottolaitoksen sivuliikkeen on julkaistava tietyt tilinpäätös- ja toimintakertomustiedot suomeksi tai ruotsiksi, ellei Finanssivalvonta anna lupaa muuhun kieleen. Kolmannen maan luottolaitoksen sivuliike voi myös joutua toimittamaan Finanssivalvonnalle määrättyjä valvontatietoja vähintään vuosittain.

Ulkomaisen luottolaitoksen sivuliikkeen ja edustuston toimihenkilöitä koskevat vaitiolo-, tietojen antaminen- ja asiakastuntemissäännöt viittaavat muihin pykäliin, ja sivuliike sekä edustusto voivat tietyin ehdoin antaa tietoja kotivaltion viranomaisille, valvontayhteisölle ja tilintarkastajalle.

Ulkomaisen luottolaitoksen sivuliikkeen on julkaistava tietyt tilinpäätös- ja toimintakertomustiedot suomeksi tai ruotsiksi, ellei Finanssivalvonta anna lupaa muuhun kieleen. Suomen Pankilla on oikeus saada vastaavia tietoja tehtäviensä hoitamiseksi. Kolmannen maan luottolaitoksen sivuliikkeen on Finanssivalvonnan määräyksestä, vähintään vuosittain, toimitettava laajat valvontatiedot Finanssivalvonnalle.

Foreign EEA credit institution administrators and liquidators must prove their appointment, may need a legally valid Finnish or Swedish translation, may exercise the powers they have in their home state, may use an assistant appointed under home-state law, and must follow Finnish law while operating in Finland.

When acting in Finland, the administrator and liquidator must follow Finnish law, especially when converting property to money and when informing employees. They may use all powers they may use in the credit institution’s home state, and they may use an assistant if that assistant was appointed under the home-state law.

Foreign credit institution branches must be reported to the trade register; an EEA foreign credit institution may use the same trade name as in its home state; and the Finnish Patent and Registration Office may require a distinguishing addition to the trade name in certain confusion or priority cases.

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

Ulkomaisen luottolaitoksen sivuliikkeestä on tehtävä ilmoitus kaupparekisteriin. Ulkomainen ETA-luottolaitos saa käyttää Suomessa samaa toiminimeä kuin kotivaltiossaan, mutta Patentti- ja rekisterihallitus voi vaatia erottavaa lisäystä tietyissä tilanteissa.

Ulkomaisen luottolaitoksen sivuliikkeen on julkaistava tietyt tilinpäätös- ja raportointiasiakirjat suomeksi tai ruotsiksi, ellei Finanssivalvonta myönnä lupaa muuhun kieleen. Kolmannen maan luottolaitoksen sivuliikkeen on Finanssivalvonnan määräyksestä toimitettava sille vähintään vuosittain määrätyt valvontatiedot. Suomen Pankilla on oikeus saada ulkomaisen luottolaitoksen sivuliikkeeltä vastaavia tietoja tehtäviensä hoitamiseksi.

A foreign credit institution’s branch must be notified to the trade register. A foreign EEA 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.

The register keeper must enter in the register, on request, that a credit institution rehabilitation or liquidation measure has begun, when the entry has been made under Finnish law.

Jos lain nojalla tehdään rekisterimerkintä tervehdyttämistoimenpiteen tai likvidaatiomenettelyn aloittamisesta, rekisterinpitäjän on pyynnöstä tehtävä vastaava merkintä luottolaitosta koskien.

The branch director is responsible for the foreign credit institution’s branch operations and represents the institution in legal relations concerning the branch. A branch director cannot be a legal person, a minor, a person under guardianship or restricted capacity, or a bankrupt person. A director and any other authorized signatories of a third-country credit institution branch must live in Finland unless the Financial Supervisory Authority grants an exemption.

The branch manager is responsible for the foreign credit institution’s branch and represents it in legal relations. A branch manager cannot be a legal person, minor, person with a guardian, person with limited legal capacity, or bankrupt person. For a third-country credit institution branch, the manager and any other authorized signatories must live in Finland unless the Financial Supervisory Authority grants an exemption.

Ulkomaisen luottolaitoksen sivuliikkeen johtaja vastaa sivuliikkeen toiminnasta ja edustaa luottolaitosta sivuliikkeen oikeussuhteissa.

Foreign bank branches must notify the trade register. An EEA foreign credit institution may use the same trade name in Finland as in its home state, and the Patent and Registration Office may require a distinguishing addition in some cases.

Foreign bank branch managers are responsible for the branch’s operations and represent the bank in legal relations linked to the branch.

A credit institution must notify the Financial Supervisory Authority before filing the bankruptcy application. If a creditor files for the bankruptcy of a third-country credit institution, the court must immediately notify the Authority, and may delay the case for up to one month if the Authority requests it within a week of receiving that notice.

The branch manager may decide to place a third-country credit institution’s assets into bankruptcy in Finland, and the credit institution must notify the Financial Supervisory Authority before filing the application.

A summons or other notice to a foreign credit institution is treated as served when it is served on a person authorized to represent the institution; if no such representative is registered in the trade register, service may be made by delivering the documents to an employee or, failing that, to the local police authority.

A summons or other service is deemed served on a foreign credit institution when it is served on a person authorised to represent the institution, or, if no such representative is registered, by delivering the documents to an employee or, failing that, to the local police authority.

A summons or other service is treated as served on a foreign credit institution when it is delivered to a person authorized to represent it.

A branch manager is responsible for the branch’s operations, represents the institution in legal matters related to the branch, and must live in Finland unless Finanssivalvonta grants an exemption.

Foreign credit institutions are deemed served when the summons or other notice is delivered to a person authorized to represent the institution.

Finanssivalvonta must promptly notify relevant EEA supervisory authorities about certain bankruptcy and licence-revocation decisions, and it and the receiver must cooperate with other EEA authorities and liquidators in related cases.

Finanssivalvonta must promptly notify certain EEA authorities about bankruptcy and licence-revocation decisions, and Finanssivalvonta and the estate administrator must cooperate with relevant authorities and liquidators in other EEA states.

The branch manager of a foreign credit institution must compensate damage they intentionally or negligently cause in their work by violating this Act or another rule on branch operations.

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

The director of a foreign credit institution’s branch must compensate damage caused intentionally or negligently by breaching this Act or another rule governing branch operations.

A summons or other service is treated as delivered to a foreign credit institution when served on a person authorized to represent it.

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

EEA bankruptcy choice-of-law is governed by sections 24 a–24 k of the Act on commercial banks and other credit institutions.

EEA insolvency cases covered by section 5 must use the choice-of-law rules in sections 24a–24k of the named credit institutions act.

If a foreign credit institution has not paid certain due and undisputed claims, the depositor may notify Finanssivalvonta, which must promptly seek compensation from the relevant foreign deposit guarantee body and may act on the depositors’ behalf.

A depositor may notify Finanssivalvonta if a third-country credit institution has not paid overdue, undisputed claims from its Finland branch account. After receiving that notice, Finanssivalvonta must promptly demand compensation from the relevant foreign deposit guarantee fund or other deposit-protection authority, and it may act on the depositors’ behalf there.

A depositor may notify Finanssivalvonta if a third-country credit institution has not paid mature, undisputed claims on a Finnish branch account; Finanssivalvonta must then promptly demand compensation from the relevant foreign deposit-protection body and may act on behalf of the depositors.

The branch manager of a foreign credit institution must compensate damage they intentionally or negligently cause by violating this Act or another rule governing branch operations.

A depositor may notify Finanssivalvonta if a third-country credit institution has not paid matured, undisputed claims on the Finnish branch account; Finanssivalvonta must then promptly demand compensation from the relevant foreign deposit-protection authority or fund.

Finanssivalvonta may temporarily suspend a third-country credit institution branch’s deposit-taking operations, and must notify other EEA supervisors and publish cessation notices.

Finanssivalvonta may temporarily suspend a third-country credit institution branch’s operations if continuing would seriously harm financial stability, payment systems, or creditors; it must also make certain prompt notifications and consult the Ministry of Finance before a suspension decision or revocation.

This section defines four terms used in the chapter: restructuring measure, liquidation procedure, administrator, and liquidator.

Tässä pykälässä määritellään neljä käsitettä: tervehdyttämistoimenpide, likvidaatiomenettely, hallinnonhoitaja ja selvittäjä.

This section defines key terms used in the chapter.

If a third-country credit institution has not paid due and undisputed claims on a branch account in Finland, the depositor may notify Finanssivalvonta, which must promptly make a compensation claim to the relevant foreign deposit-guarantee authority.

This section defines four terms used in the chapter: restructuring measure, liquidation procedure, administrator, and liquidator.

An appeal may be filed to the Helsinki Administrative Court against Finanssivalvonta’s suspension decision under section 8 within 30 days after the decision is published in the Official Journal of the European Union.

An appeal against the Financial Supervisory Authority’s suspension decision may be filed with the Helsinki Administrative Court within 30 days after publication in the EU Official Journal.

A home-state decision to start recovery or liquidation proceedings for a foreign EEA credit institution also applies to its branch in Finland.

Foreign EEA credit institution branch decisions on resolution or liquidation also apply to the Finnish branch, and Finnish authorities must notify the home-state supervisor if they think resolution should be started.

Ulkomaisen ETA-luottolaitoksen kotivaltion päätös aloittaa tervehdyttämis- tai likvidaatiomenettely koskee myös sen Suomessa olevaa sivuliikettä. Jos valtiovarainministeriö, Suomen Pankki tai Finanssivalvonta katsoo, että sivuliikkeen tervehdyttämistoimenpide pitäisi aloittaa, niiden on ilmoitettava siitä kotivaltion valvontaviranomaiselle; Finanssivalvonta antaa ilmoituksen tiedoksi.

This section defines key terms used in the chapter.

Ulkomaisen ETA-luottolaitoksen Suomessa olevaan sivuliikkeeseen sovelletaan kotivaltion lainsäädännön mukaista päätöstä aloittaa tervehdyttämistoimenpide tai likvidaatiomenettely. Jos viranomaiset katsovat tervehdyttämistoimenpiteen tarpeelliseksi, niiden on ilmoitettava asiasta luottolaitoksen kotivaltion valvontaviranomaiselle.

Finanssivalvonta can impose an administrative penalty for violating or neglecting the listed banking and finance rules.

This section lists rules and decisions whose breach can trigger an administrative penalty payment, and it limits who can be penalized for some of those items.

The administrator and liquidator of a foreign EEA credit institution must follow Finnish law while operating in Finland, and they may exercise the same powers there as in the home state.

Hallinnonhoitaja ja selvittäjä saavat käyttää Suomessa kotivaltion toimivaltuuksia ja avustajaa, mutta heidän on Suomessa toimittaessa noudatettava Suomen lakia, erityisesti omaisuutta rahaksi muutettaessa ja työntekijöille tiedotettaessa.

Ulkomaisen ETA-luottolaitoksen hallinnonhoitajan ja selvittäjän nimitys osoitetaan asiakirjoilla, ja heidän on Suomessa noudatettava Suomen lakia.

If Finnish authorities think a foreign EEA credit institution’s branch should be placed into resolution, they must notify the credit institution’s home-state supervisory authority; the notice is given by the Financial Supervisory Authority.

Foreign EEA credit institution administrators and liquidators must prove their appointment with certified documents, may use their home-state powers and assistant in Finland, and must comply with Finnish law while operating there.

This section says rules on imposing, publishing, enforcing, and handling administrative sanctions in the Market Court are set out in Chapter 4 of the Act on the Financial Supervisory Authority.

This section says that rules on imposing, publishing, enforcing, and handling administrative sanctions before the Market Court are laid down in Chapter 4 of the Act on the Financial Supervisory Authority.

The registrar must enter into the register information about the start of a restructuring measure or liquidation procedure for a credit institution, if requested by specified persons or authorities and if such an entry is being made under Finnish law.

If a restructuring or liquidation measure has been entered in the register under Finnish law, the register keeper must enter the same information in the register on request.

Register keeper must enter into the register that a credit institution recovery measure or liquidation procedure has started, when requested by certain persons or authorities.

Hallinnonhoitaja ja selvittäjä voivat käyttää Suomessa samoja toimivaltuuksia kuin kotivaltiossaan, käyttää kotivaltion lain mukaisesti nimitettyä avustajaa, ja heidän on Suomessa toimiessaan noudatettava Suomen lakia.

If a restructuring or liquidation proceeding is entered in the register under Finnish law, the register keeper must, on request, make a register entry about that proceeding.

Certain credit institution insiders and members must compensate damages they cause through intent or negligence, and the rule also covers specified violations and related-group companies.

Certain founders, board/supervisory board members, managing directors, shareholders, and related members must compensate damages caused through intentional or negligent conduct in the credit institution context.

A third-country credit institution’s assets may be put into bankruptcy in Finland by the branch manager’s decision, and the institution must notify Finanssivalvonta before filing the application.

A credit institution must notify the Financial Supervisory Authority before filing the application, and the court must notify the Authority promptly and may delay the case for up to one month if the Authority requests it in time.

Kolmannen maan luottolaitoksen konkurssihakemukseen liittyy ilmoitusvelvollisuuksia Finanssivalvonnalle, ja tuomioistuin voi joutua lykkäämään asian käsittelyä, jos Finanssivalvonta pyytää sitä ajoissa.

Rekisterinpitäjän on pyynnöstä tehtävä rekisterimerkintä luottolaitoksen tervehdyttämistoimenpiteen tai likvidaatiomenettelyn aloittamisesta, kun tällaisesta asiasta on jo tehty merkintä Suomen lain nojalla.

A third-country credit institution must notify the Financial Supervisory Authority before filing the application, and the court must notify the Authority immediately when a creditor applies for bankruptcy.

A person who acts intentionally or with gross negligence may be punished for a credit institution offence if they use certain restricted banking terms, conduct credit institution business without the required licence, accept repayable funds from the public contrary to the rules, or breach the rules on permitted business activities.

A person who intentionally or through gross negligence does one of the listed credit-institution acts may be fined or imprisoned for up to one year.

Finanssivalvonnan must promptly notify EEA supervisory authorities about certain bankruptcy and licence-withdrawal decisions, and Finanssivalvonta and the bankruptcy estate administrator must cooperate with relevant EEA authorities and liquidators in the listed branch situation.

Finanssivalvonnan must immediately notify relevant EEA supervisory authorities about certain bankruptcy and licence-revocation decisions, and Finanssivalvonta and the bankruptcy administrator must cooperate with relevant authorities and liquidators in other EEA states.

Finanssivalvonnan must promptly notify relevant EEA supervisory authorities about bankruptcy and licence-revocation decisions, and Finanssivalvonta and the estate administrator must cooperate with relevant authorities and liquidators in other EEA states.

A credit institution must notify the Financial Supervisory Authority before filing an application, and the court must notify the Authority and may delay the case if the Authority asks in time.

Finanssivalvonnan must promptly notify relevant EEA supervisory authorities about certain bankruptcy and licence-revocation decisions, and Finanssivalvonta and the bankruptcy administrator must cooperate with relevant authorities and liquidators in other EEA states.

Whoever intentionally violates the rules on distributing a credit institution’s funds may be fined or sentenced to up to one year in prison, unless the act is minor or a harsher penalty applies elsewhere.

A person who intentionally violates rules on a credit institution’s asset distribution, or the rules on loans, security, or pledging certain own or parent-company instruments, may be fined or imprisoned for up to one year.

This section says that, for choosing the law applicable to a bankruptcy in the European Economic Area under section 5, section 24 a–24 k of the Act on commercial banks and other limited-liability credit institutions applies.

For bankruptcies under 5 § in the EEA, the choice of law follows sections 24 a–24 k of the Act on Commercial Banks and Other Credit Institutions in Company Form.

EEA bankruptcy choice-of-law is governed by sections 24a–24k of the Act on Commercial Banks and Other Credit Institutions.

Finanssivalvonta must promptly notify relevant EEA supervisory authorities about certain bankruptcy and licence-withdrawal decisions, and Finanssivalvonta and the estate administrator must cooperate with related foreign authorities and liquidators.

For bankruptcies under section 5 in the EEA, the choice of applicable law follows sections 24 a–24 k of the Act on commercial banks and other credit institutions in company form.

Breach of the specified confidentiality duties is punishable under Criminal Code chapter 38, sections 1 and 2, unless another law sets a stricter penalty.

Breaking the confidentiality duties listed here is punishable under Criminal Code chapter 38 sections 1 and 2, unless a harsher penalty is provided elsewhere in law.

Finanssivalvonta may temporarily suspend a third-country credit institution branch’s activity for up to one month, and must notify relevant EEA supervisors and an agent must publish notice in the EU Official Journal.

This section lists rules and decisions whose breach can lead to an administrative penalty under the Financial Supervisory Authority Act.

This section lists provisions and decisions whose breach or neglect may lead to an administrative penalty (seuraamusmaksu).

For insolvency cases in the EEA covered by section 5, the choice of applicable law is governed by sections 24 a–24 k of the Act on Commercial Banks and Other Credit Institutions in Company Form.

This section lists banking and supervisory rules whose breach or neglect can lead to a penalty payment, and it limits who can be penalized for some of those items.

Finanssivalvonta may stop unlawful conduct under the Act and may order the conduct to be withdrawn, changed, or corrected.

Finanssivalvonta may stop unlawful conduct under this law and order it corrected when needed for supervisory objectives.

An appeal may be brought to the Helsinki Administrative Court against a suspension decision made by the Financial Supervisory Authority, within 30 days after the decision is published in the Official Journal of the European Union.

This section says rules on administrative sanctions, their publication, and enforcement are laid down in Chapter 4 of the Act on the Financial Supervisory Authority.

This section says rules on administrative sanctions, their publication, and enforcement are set out in Chapter 4 of the Act on the Financial Supervisory Authority.

This section lists rules and decisions whose breach or neglect can lead to an administrative penalty fee, and it also limits when that fee may be imposed.

This section says that rules on imposing, publishing, and enforcing administrative sanctions are laid down in Chapter 4 of the Act on Financial Supervision.

Finanssivalvonta may enforce compliance with a prohibition or decision under section 1 by using a conditional fine.

Finanssivalvonta may use a conditional fine to enforce compliance with a prohibition or decision mentioned in section 1.

This section lists rules and decisions whose breach or neglect can lead to a sanction fee, and it also limits who can be sanctioned for some of those items.

Luottolaitoksen perustajan, hallintoneuvoston tai hallituksen jäsenen ja toimitusjohtajan on korvattava heidän tehtävässään tahallisesti tai huolimattomuudesta aiheuttamansa vahinko luottolaitokselle, ja tietyissä rikkomistilanteissa myös muille nimetuille tahoille.

Certain founders, board/supervisory board members, and managing directors of a credit institution must compensate damages they cause in their duties, and shareholders/members can also be liable for damage caused by participation in rule breaches.

This section says rules on administrative sanctions, publication, and enforcement are set out in Chapter 4 of the Act on the Financial Supervisory Authority.

Certain credit institution founders, board/supervisory board members, directors, and some owners or members must compensate damages they cause in office, especially when caused intentionally or negligently or through breaches of listed rules.

This section says the law enters into force on 15 August 2014 and repeals the listed credit institutions act and transitional provisions.

This provision sets the law’s commencement date, repeals the prior credit institutions act and transitional provisions, and changes later references to the repealed act so they point to this law after it starts.

This section says that rules on administrative sanctions, their publication, enforcement, and handling in the Market Court are found in Chapter 4 of the Act on the Financial Supervisory Authority.

A person who intentionally or through gross negligence commits one of the listed credit-institution violations may be fined or imprisoned for up to one year, unless the act is minor or another law provides a harsher penalty.

Anyone who intentionally or through gross negligence misuses certain banking terms, carries on credit institution business without the required licence, takes demand-repayable funds from the public, or breaches the permitted-business rules may be guilty of a credit institution offence and punished with a fine or up to one year in prison.

Certain credit institution founders, board-related officers, and members must compensate damages they cause through intentional or negligent conduct; shareholders and similar members also have liability when they contribute to breaches.

Intentional or grossly negligent conduct listed in this section is a credit institution offence punishable by a fine or up to one year’s imprisonment, unless the act is minor or another law provides a harsher penalty.

Luottolaitoksen on täytettävä kiinteä lisäpääomavaatimus 1.1.2015 alkaen, ja Finanssivalvonta voi asettaa muuttuvan pääomavaatimuksen aikaisintaan samasta ajankohdasta.

Luottolaitosten on täytettävä tietty lisäpääomavaatimus 1.1.2015 alkaen, ja Finanssivalvonta voi asettaa muuttuvan pääomavaatimuksen aikaisintaan samasta ajankohdasta.

Certain founders, board and supervisory board members, directors, and some shareholders/members must compensate damage they cause in office.

A person who intentionally violates the rules on distributing a credit institution’s assets, or the listed loan/security rules, may be fined or jailed for up to one year unless the act is minor or another law carries a harsher penalty.

Tahallisesti varoja jakava tai 5 luvun 6 §:n sääntöjä rikkova henkilö voidaan tuomita sakkoon tai enintään yhdeksi vuodeksi vankeuteen, ellei teko ole vähäinen tai muualla säädetä ankarampaa rangaistusta.

A person who knowingly or through gross negligence violates the listed banking rules may be convicted of a credit institution offence and fined or sentenced to imprisonment for up to one year.

Intentional violations of the credit institution asset-distribution rules can lead to a fine or up to one year’s imprisonment.

This section sets transitional rules for which banking provisions apply, when newer rules start applying, and how the old deposit guarantee fund is handled.

This section sets transitional rules on which provisions apply, when they start applying, and how the old deposit guarantee fund is managed during the transition.

A person who intentionally or through gross negligence commits the listed banking-related acts may be convicted of a credit institution offence and sentenced to a fine or up to one year in prison.

A breach of the confidentiality duty is punished under the Criminal Code, unless a stricter penalty is provided elsewhere in law.

Breaking the specified confidentiality duty is punished under Criminal Code Chapter 38, sections 1 and 2, unless a stricter penalty is set elsewhere in law.

Tahallisesta luottolaitoksen varojen jakamista koskevien säännösten rikkomisesta voidaan tuomita sakkoon tai enintään vuoden vankeuteen.

Breach of the confidentiality obligations listed here is punished under the Criminal Code, unless a more severe penalty is provided elsewhere in law.

Intentional violations of rules on a credit institution’s asset distributions are punishable by a fine or up to one year’s imprisonment.

Finanssivalvonta may stop a person from continuing or repeating conduct that violates the Act and may require the person to withdraw, change, or correct that conduct.

Finanssivalvonta may stop unlawful conduct and require it to be withdrawn, changed, or corrected when needed for financial market supervision objectives.

Breach of the confidentiality duties listed here is punishable under Criminal Code Chapter 38, sections 1 and 2, unless a stricter penalty is provided elsewhere in law.

Finanssivalvonta may stop unlawful conduct under this Act and order it to be withdrawn, changed, or corrected.

Breach of the specified confidentiality duties is punished under the Criminal Code, unless another law provides a harsher penalty.

Finanssivalvonta may use a coercive fine to enforce compliance with the prohibition or decision referred to in section 1.

Finanssivalvonta may use a conditional fine to reinforce compliance with a prohibition or decision referred to in section 1.

Finanssivalvonta may order a person acting contrary to the law to stop or not repeat the conduct and may also require withdrawal, change, or correction of the conduct.

Finanssivalvonta may use a conditional fine to enforce compliance with a ban or decision referred to in section 1.

Finanssivalvonta may prohibit unlawful conduct from continuing or being repeated and may require it to be withdrawn, changed, or corrected.

This section says the law enters into force on 15 August 2014.

This section sets the Act’s commencement date, repeals the Credit Institutions Act (121/2007) and transitional provisions, and redirects references to the repealed Act to this Act after commencement.

Finanssivalvonta may enforce compliance with a prohibition or decision from section 1 by using a conditional fine (uhkasakko).

This section states when the Act starts, repeals the previous credit institutions Act, and redirects later references to the repealed Act to this Act after commencement.

Finanssivalvonta may use a conditional fine to enforce compliance with a prohibition or decision referred to in section 1.

Luottolaitoksen on täytettävä kiinteä lisäpääomavaatimus 1.1.2015 alkaen, ja Finanssivalvonta voi asettaa muuttuvan pääomavaatimuksen aikaisintaan samasta päivästä.

Banks must meet certain capital buffer requirements on a phased timetable, and Finanssivalvonta may impose the variable capital requirement no earlier than 1 January 2015.

This section says the act enters into force on 15 August 2014 and repeals the previous credit institution act and its transitional provisions.

Siirtymäsäännös määrää, milloin luottolaitosten lisäpääomavaatimuksia aletaan soveltaa ja milloin Finanssivalvonta voi asettaa muuttuvan pääomavaatimuksen.

This section says the law enters into force on 15 August 2014, repeals the prior credit institutions act, and makes later references to that repealed act mean this law instead.

This section sets transitional rules on when older banking rules continue to apply, when newer provisions start applying, and limits on certain credit institutions’ capital.

This section sets transition rules for when older banking rules continue to apply, when new chapters start applying, and when certain credit institutions may keep lower own-funds levels subject to capital-maintenance limits.

Luottolaitosten on noudatettava tässä pykälässä säädettyjä siirtymäaikoja ja pääomavaatimuksia, ja Finanssivalvonta voi alkaa asettaa muuttuvaa pääomavaatimusta 1.1.2015 alkaen.

Tämä pykälä sisältää siirtymäsäännöksiä luottolaitoksille ja talletussuojarahastolle.

Luottolaitosten lisäpääomavaatimuksia sovelletaan siirtymäaikana vaiheittain, ja Finanssivalvonta voi asettaa muuttuvan pääomavaatimuksen aikaisintaan 1.1.2015.

This section sets transitional application rules for several banking provisions, including dates when certain chapters start applying, limits on reducing capital and own funds, and temporary rules for the old deposit insurance fund.

This section sets transitional rules for how earlier banking provisions continue to apply, when specific provisions start to apply, and what the deposit protection fund and authorities must do during the transition.