Information on membership
The Finnish Structured Products Association has ordinary members and supporting members. Ordinary members are either large ordinary members or small ordinary members.
The Association may approve membership applications by corporations with legal capacity operating in the Finnish markets whose key activities involve structured investment products.
Ordinary members are categorised as large ordinary members if their balance sheet total in the financial statements or consolidated financial statements for the previous financial year amounts at least to EUR 500,000,000 and as small ordinary members if their balance sheet total in the financial statements or consolidated financial statements for the previous financial year amounts to less than EUR 500,000,000.
As supporting members, the Association may approve Finnish or foreign corporations or foundations with legal capacity that wish to support the Association’s purpose and activities.
Apply for membership in the Association by filling in the membership application form. The application must be appended with the documents specified in the application form. Any new members in the Association are approved by the general meeting of the Association.
Large ordinary members have two (2) vote and small ordinary members have one (1) vote in the general meetings. Supporting members have the right of attendance and speech in the general meeting but no voting right.
Small and large ordinary members and supporting members have different membership fees. The general meeting of the Association decides on the amounts of the membership fees.
Membership entitles the member to receive communication by the Association, to receive up-to-date information, for example on regulation, statistics and publications, and to participate in events organised by the Association. Each member also receives user IDs for the members section of the Association’s website containing special member material on current topics, activities of the Association, regulation of the industry, statements obtained by the Association, self-regulation instructions as well as the material and minutes of the general meetings of the Association.