The Mortgage Society of Finland: Finnish Financial Supervisory Authority’s decision of additional capital requirement

The Mortgage Society of Finland: Finnish Financial Supervisory Authority’s decision of additional capital requirement  

The Mortgage Society of Finland 

Other information disclosed according to the rules of the Exchange 

May 20 2019 Helsinki 03:30 p.m.

Financial Supervisory Authority has set on 17 May 2019 and informed on 20 May 2019 The Mortgage Society of Finland group of a discretionary additional capital requirement of 1.25 percent (Pillar 2 requirement) which is to be met with Common Equity Tier 1 capital (CET 1). The requirement takes effect on 31 December 2019 and it remains in force until further notice, however not longer than until 31 December 2022. 

The decision has been made as a normal part of the group’s continuous supervisory review, based on Act on Credit Institutions (610/2014), Chapter 11 Section 6 Article 2 Subsection 1 Subparagraph a. The requirement was expected and it will be met.

Additional information:
CEO Ari Pauna, tel. +358 50 353 4690
CRO, Deputy to the CEO Mikko Huopio, tel. +358 50 400 2990

Distribution:
Nasdaq Helsinki Ltd
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