Finland: Finance and Banking

The EU is aiming to be climate neutral by 2050, which will require climate action from us all.

The Finnish Ministry of Justice set up a working group (the "Working Group") on 2 December 2011 with the task to prepare amendments to legislation to reduce reported problems caused by short term/payday loans ("Microloans").

The Finnish Ministry of Finance has started preparations for a reform of the Finnish Securities Market Act (the "SMA").

The EU's Listing Act is changing how companies handle insider information and aims to ease insider management—especially in long-term processes like the preparation of interim reports.

The impact on the margins or other direct economic effects may still be debated, but surely we all agree that the pressure coming from the regulator and investors is not going away...

As the sustainable finance landscape continues to evolve, staying informed about recent changes in green, social, and sustainability-linked...

Directive 2024/927/EU amending the EU Alternative Investment Fund Managers Directive (AIFMD) and the EU UCITS Directive (AIFMD II) entered into force in spring 2024.

Side letter agreements are a common way to agree on special conditions granted to certain investors concerning private investment funds. Fund managers should be familiar with the practices...

Finnish special investment funds are still quite rare even though the Finnish Act on Alternative Investment Funds Managers (162/2014) allows for their establishment.

Although most companies operating in the Nordic region (whether in the basic industry, service or high-tech sector) tend to be aware of the value of the company’s intellectual property assets (including patents, trademarks, copyrights, trade secrets, etc.), few have yet drafted an IP strategy laying down a policy and process on how to best protect and preserve IP assets and use IP to generate value for the business.

Many jurisdictions, including Finland, recognise the taking of security not only over individual assets but also over the business assets (as a class of assets) of a security provider. In Finland, the latter form of security is called ‘yrityskiinnitys’, in English ‘business mortgage’ or ‘enterprise mortgage’ (the term business mortgage is used in this article).

The private equity and venture capital (below jointly "PE") markets were in an upswing in the whole Fenno-Baltic area during the year 2004.