Finland: Compliance

The European Union’s 20th Russia sanctions package entered into force on 24 April 2026. For businesses, its significance extends well beyond the new listings and export codes.

Castrén & Snellman's 2025 sustainability report reveals how the firm is helping clients navigate evolving ESG regulations while strengthening its own sustainability practices through carbon partnerships and strategic...

The Finnish startup ecosystem has reached a new level of maturity with the release of Series Seed 4.0, a comprehensive overhaul of the country's standard seed financing documentation. This latest iteration introduces significant changes to leaver provisions, warranty liability frameworks, and investor protections, fundamentally reshaping how early-stage venture capital transactions are structured in Finland.

The provisions of the Finnish Securities Markets Act (495/1989) (the "SMA") concerning public tender offers are currently under revision. The proposed amendments to the SMA implement Directive 2004/25/EC of the European Parliament and of the Council on Takeover Bids (the "Directive").

Some time ago the only real closed-end funds managed by Finnish players were private equity and venture capital funds. Even on that front the past few years were really not labelled by active fund-raising.

Amendments effective as of 1 July 2005 have been introduced in the Finnish Securities Markets Act, Act on Financial Supervision, and certain other acts (HE 137/2004).