Client information

 

Deposit guarantee

Deposits are covered by the statutory deposit guarantee. In Finland, the entity responsible for the deposit guarantee is the Financial Stability Authority.

Basic information on the deposit guarantee

 

Finland’s obligations concerning exchange of tax information (FATCA, CRS & DAC2)

Evli is obliged to collect information required for taxation as Finland has signed an agreement with the USA regarding the exchange of tax information (the FATCA agreement). Finland is also required to observe the common reporting standard of the OECD countries, the CRS, and the amended EU directive DAC2.

These regulations oblige banks and other financial institutions to identify their clients’ residence for tax purposes and submit information on clients’ assets and income to the Finnish Tax Administration on an annual basis. The Tax Administration will then forward this information to the relevant parties.

For clients, the exchange of tax information means answering a few additional questions whose purpose is to determine the clients’ residence for tax purposes.

Self-certification declaration - declaration of tax status (form for private individuals)

Read more from ​​The Finnish Financial Sector's website 
(material is in Finnish)