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Regulation
This directory contains information on financial market legislation as well as the FIN-FSA's own regulation.
Besides supervision, regulation is a core activity of the FIN-FSA. As a tool for this work the FIN-FSA uses its set of regulations. The set of regulations is currently being reformed, the end result being that the separate regulations for credit institutions and capital markets will be abandoned in favour of subject-specific regulations. The collection of subject-specific regulations and guidelines are known as standards.
Our objectives are to promote a regulatory framework based on flexibility and accountability. The FIN-FSA promotes regulation based on regulatory principles rather than detailed rules. This means that binding regulations are complemented with procedural and application guidelines. The FIN-FSA's own regulations are closely integrated with international supervisory and regulatory principles.
The EU aims at increasing the flexibility of legislation, speeding up the drafting of legislation and improving the implementation of legislation. The FIN-FSA supports these objectives and recognises them in its own regulatory activities to the extent possible. The FIN-FSA also makes an active contribution to the harmonisation of legislation, supervision and procedures at EU level.
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