Supersymmetry and FCNC effects

We consider Flavour Changing Neutral Current processes in the framework of the supersymmetric extension of the Standard Model. FCNC constraints on the structure of sfermion mass matrices are reviewed. Furthermore, we analyze supersymmetric contributions to FCNC transitions which remain in the limit of flavour-conserving sfermion mass matrices. Implications of the FCNC constraints on the structure of sfermion mass matrices for SUSY breaking and sfermion mass generation are discussed. We conclude that the supersymmetric flavour problem is intriguing but perhaps not as severe as it is commonly believed.