This technical note discusses Systemic Risk Analysis and Stress Testing for the Finland Financial Sector Assessment Program. The assessment is based on stress tests, which simulate the health of Finnish banks under a severe yet plausible adverse scenario. The scenario includes global and...

This technical note focuses on Crisis Management and Resolution for the Finland Financial Sector Assessment Program. These recent developments reinforce the need for full operational readiness in the Finnish authorities' crisis management arrangements. The authorities have made progress in...

This technical note highlights Macroprudential Policy Framework and Tools for the Finland Financial Sector Assessment Program. The institutional framework for macroprudential policy in Finland, formalized in 2014, is mostly in line with the IMF guidance for effective macroprudential...

This technical note evaluates non-bank financial institutions (NBFI) as a sector in Finland, with a special focus on the pension insurance companies (PIC). Pensions, including the PICs and fund managers, are the most significant parts of the NBFI sector, followed by insurance. Market...

This technical note highlights Regulation and Supervision of Less Significant Institutions for the Finland Financial Sector Assessment Program. Finnish banks' financial indicators remained strong despite the pandemic. The authorities made good progress on the implementation of the...

This paper uses the newly constructed Luxembourg Wealth Study data to document cross-country variation in homeownership rates and the homeownership-income inequality among young households in Finland, Germany, Italy, the UK and the US, and relate it to cross-country differences in mortgage...