The Financial Stability Authority (FFSA) adopts the new guidance from the Single Resolution Board (SRB) on valuation dataset and process capabilities for Finnish LSI (Less Significant Institution) banks.
The SRB published updated expectations on valuation capabilities for SI (Significant Institution) banks on December 12th, 2025. The guidance is called Expectations on Valuation Capabilities (EoVC).
The guidance contains among other aspects
- Specified expectations on the content and structure of the valuation dataset
- New standards on data storage and transfer to the authorities for valuation purposes.
The update advances resolution capabilities
The FFSA adopts the SRB guidance for Finnish LSI banks also. The reform advances the resolution capabilities of the LSI banks and supports the uniformity of the banking union in accordance with the principles of the Single Resolution Mechanism.
The Financial Stability Authority has assessed which parts of the EoVC guidance are justified to be adopted to the LSI banks in accordance with the principle of proportionality. The details for adopting the guidance have been communicated directly to the LSI banks. The FFSA has communicated details of adopting the EoVC guidance to the LSI banks.
The SRB oversees the resolution of SI banks in the euro area. National resolution authorities are responsible for the resolution of LSI banks, and the Finnish national resolution authority is the Financial Stability Authority.
More information:
Anni-Mari Karvinen, Head of Resolution Unit, anni-mari.karvinen(at)rahoitusvakausvirasto.fi
The SRB’s EoVC guidance on the SRB website
