talletussuojajärjestelmä
Talletussuojajärjestelmä is a Finnish term that translates to "deposit protection system." It refers to a mechanism in place to safeguard depositors' funds in the event of a bank or financial institution's insolvency. This system ensures that individuals and businesses can recover at least a portion, or in some cases all, of their money deposited in a regulated financial institution, even if that institution fails.
The primary purpose of a talletussuojajärjestelmä is to maintain confidence in the financial system and prevent
In Finland, the talletussuojajärjestelmä is managed by the Rahoitusvakausvirasto (Financial Stability Authority). The system covers deposits