New WinCapita tells it intends to engage in foreign exchange trading  
A new company calling itself Worldwide Investment Solutions Wincapita Oy, (the so-called new WinCapita) has stepped into the public eye. The Board of the new company has declared that they intend to engage in foreign exchange trading (Forex trading). In Finland, companies engaged only in foreign exchange trading do not come under the supervision of the Financial Supervisory Authority (FIN-FSA). Read more
 

Deposit guarantee schemes of foreign banks based on home country regulations 

There are several foreign banks with branches in Finland authorised to accept deposits. Deposits with Finnish branches of foreign banks are covered by the deposit guarantee scheme of the bank's home state. Read more
 

Sakkoturva is not insurance and is therefore not supervised by the FIN-FSA 
The Sakkoturva service is not an insurance facility and Suomen Autoturva Oy is not an entity supervised by the FIN-FSA. Insurance is always concerned with the random nature of damage sustained. Compensation cannot be claimed against intentional damage. Read more

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