Authorisation recorded as withdrawn

Vaara-Karjalan Osuuspankki

Finanssivalvonta (FSA) lists this firm on the ESMA union public register under the register’s category Investment firm in Finland, authorised on 1 October 2018. The register records the authorisation as withdrawn on 31 March 2025.

Registered name: Vaara-Karjalan Osuuspankki
Register entry: ae38098
Legal Entity Identifier: 743700EDXMJUEUAO0K53
Type of firm: Investment firm MIF
Competent authority: Finanssivalvonta (FSA)
Home member state: Finland
Office type: Head office
Address as registered: Mantsintie 5, 82900 ILOMANTSI, Finland
Authorised on: 1 October 2018
Withdrawn on: 31 March 2025
Status in the register: Authorisation recorded as withdrawn
Entry last updated: 25 July 2025

What the authorisation covers

This entry carries no permission rows in the copy we hold. That is an absence in the register, not a finding that the firm holds no permissions — 5,922 of the 13,915entries are the same way. The authority’s own register is the place to establish what this firm may do.

Each permission is granted separately. A firm can hold one and not another — authorised to transmit your order and not to hold your assets, or to advise and not to deal. A permission that is not named above is not covered by this authorisation, and a firm doing that thing is doing it outside the licence rather than under it.

What this record does not tell you

It is not an endorsement, by ESMA or by us. ESMA publishes that a firm is authorised. That is a record of a permission, not a recommendation, and not a statement that the firm is safe.ESMA’s own legal notice forbids any presentation implying that it endorses a publication or a firm, and we make no assessment of this firm anywhere on this site.
This is not the crypto register. MiFID / AIFMD / UCITS investment firms — NOT the MiCA crypto register. It covers investment firms, fund managers and trading venues under MiFID, AIFMD and the UCITS Directive. A firm on this page may hold no permission for crypto-assets at all — for that, check the MiCA register, which is a different file with different permissions in it.
An authorisation is a permission, not a verdict on conduct. It records that an authority let this firm carry on a named activity. It is not a statement that the firm is solvent, well run, or that your money is safe with it, and it says nothing about how the firm has behaved since the date shown.
Lending, staking and “earn” products are a different question. They are not among the investment services named above, and a firm offering you a yield product is doing so outside this authorisation.
The entry can be older than it looks. The register states the date its entry was last updated — 25 July 2025 for this one, and ESMA says information reported by a national authority will not be immediately displayed. A change at the authority can be real and not yet here.
A withdrawn authorisation is a record, not an allegation. The register states that the authorisation ended and, for this entry, the date. It does not state why, and we do not infer it. A withdrawal can follow a merger, a voluntary surrender, a wind-down or a decision of the authority, and this record does not distinguish between them.
The authority’s own register is the authoritative copy. Ours is a copy of a public file, read on the date in the source note below. Check it at the source before you act on it or cite it.

Every firm registered in Finland · Check a firm before you commit money · How we check what we publish

ESMA publishes that a firm is authorised. That is a record of a permission, not a recommendation, and not a statement that the firm is safe.

This document has been drafted using material downloaded from ESMA's website. ESMA does not endorse this publication and in no way is liable for copyright or other intellectual property rights infringements nor for any damages caused to third parties through this publication.

Source: European Securities and Markets Authority (ESMA) union public register (esma_registers_upreg), read on 2026-09-05. Licence: Reproduction authorised provided the source is acknowledged (ESMA legal notice). The authority’s own copy is the authoritative one; ours is a copy of a public file taken on the date shown, and ESMA states that information reported by a national authority “will not be immediately displayed” — so a firm can be authorised, and listed nationally, while absent here.