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FFI opposes nationalisation of the deposit guarantee fund

The Federation of Finnish Financial Services (FFI) opposes the idea of merging the Deposit Guarantee Fund under a new national Resolution Authority, proposed today by a Ministry of Finance working group in its report. In FFI’s view the Finnish financial sector does not require a new national resolution authority. One of the main reasons is that the crisis resolution operations of the largest credit institutions will soon be run by the Single Resolution Board in Europe..
 

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 FFI has published position statements for EU elections

 

The Federation of Finnish Financial Services has 13 position statements for the upcoming EU term 2014–2019. In our opinion there is a major risk of overregulation in the EU. It suppresses financial activity and hinders economic growth. Public finances are in crisis in too many member states, decision-making falters, and commitments are not fulfilled.

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Federation of Finnish Financial Services

Bulevardi 28
FI-00120 Helsinki
FINLAND

What is FFI?

FFI is a trade body which represents financial
companies. Our objective is to secure a benign
operating environment, well-functioning financial
market and effective payment systems. We also
promote loss prevention in addition to social
welfare and safety.

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