Funding and operating expenses 

The Financial Supervisory Authority finances its activities mainly by levying supervision and processing fees on supervised entities and other fee-paying entities. Some of our decisions and other measures are subject to processing fees, in accordance with our fee schedule. A 5% contribution is made by the Bank of Finland to the Authority’s funding costs. In 2009, the combined supervision and processing fees of the Financial Supervisory Authority amounted to EUR 25.1 million. A surplus transferred from 2008 to 2009 and the Bank of Finland’s contribution to funding costs increased the Financial Supervisory Authority’s overall funding by EUR 2.3 million.

In 2009, the operating expenses of the Financial Supervisory Authority amounted to EUR 24.5 million. The bulk of operating expenses were staff expenses (EUR 17.6 million). Other major expense items were real estate expenses (EUR 2.3 million), services from the Bank of Finland (EUR 2.4 million), training, meeting and travel expenses (EUR 0.8 million) and services from external sources (EUR 0.7 million). An accumulated surplus of EUR 2.9 million, transferred to 2010, will be taken into account in determining the supervision fees for 2010.

15 May 2012