Lag om ändring av lagen om Finansinspektionen | 352 — Finland law | Esheria

Lag om ändring av lagen om Finansinspektionen

Finansinspektionen must cooperate with specified authorities to prevent and combat crime, and must promptly notify a competent authority if it suspects financial services or the financial system are being used for criminal purposes.

Jurisdiction
Finland
Instrument
Act or statute
Citation
352
Version
Undated source snapshot
Language
sv
Updated
Official source
View official record ↗
clearing compliance confidential information definitions fitness and propriety market infrastructure ownership control penalties regulated entities regulatory cooperation regulatory reporting regulatory supervision supervision supervision objects supervisory information sharing suspicious activity reporting voting rights restriction

Statute overview

About this statute

Finansinspektionen must cooperate with specified authorities to prevent and combat crime, and must promptly notify a competent authority if it suspects financial services or the financial system are being used for criminal purposes. This section defines which entities count as authorized supervision objects and other supervision objects. This section defines “stadgar” broadly, including company bylaws, association rules, and other rules or regulations set by Finansinspektionen or another authority for financial-market actors. Finansinspektionen may receive necessary information from pre-investigation and prosecution authorities despite confidentiality rules. The Direktion is also to be informed about certain decisions the director plans to make. Finansinspektionen may prohibit certain people from board, management, or similar roles, restrict acquisitions of ownership stakes, and stop shareholders from voting in specified financial firms.

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