Government bills21

Topicbankruptcy21
  1. HE 34/2026 vpPassed with amendments

    Tackling problems in housing companies

    Housing companies will receive better means to tackle nuisances from short-term letting and other housing disruptions, as well as take possession of flats using electronic service of notice. In addition, the controlled winding-down of struggling housing companies will be made lighter, and the division of maintenance responsibilities will be clarified.

    3 Jun 2026 · passed without a vote
  2. HE 126/2026 vpIn progress

    Easing administrative burden on companies

    The administration of limited liability companies and co-operatives will be eased, and the process of closing down operations and winding up will be streamlined. The changes will remove unnecessary bureaucracy for companies and speed up the execution of corporate and financial arrangements.

    11 Sep 2026 · no votes yet
  3. HE 92/2024 vpPassed with amendments

    Streamlining bank resolution and deposit protection

    Bank resolution obligations will be eased in situations where a failing institution would be wound up in ordinary bankruptcy or liquidation proceedings. In addition, the authority will be able to transfer customer advisory and support tasks to an external service provider in congested crisis situations.

    6 Nov 2024 · passed without a vote
  4. HE 31/2023 vpPassed with amendments

    New agency for special authorities

    A new agency will be established under the Ministry of Justice to bring together the administrative and support services of eleven independent special authorities. The authorities, such as the various ombudspersons and the Safety Investigation Authority, will retain their independence and current duties.

    13 Dec 2023 · passed without a vote
  5. HE 251/2022 vpPassed with amendments

    Streamlining restructuring and preventing abuse

    Restructuring proceedings will be accelerated and simplified by reducing the procedural steps required of courts and administrators. At the same time, unfounded restructuring applications whose sole purpose is to delay bankruptcy will be addressed.

    16 Feb 2023 · passed without a vote
  6. HE 39/2022 vpPassed

    Extending coronavirus business cost support

    Businesses affected by coronavirus restrictions can apply for support for their uncovered fixed costs for the winter of 2021–2022. The support is intended especially for situations where a business's previous aid quota is nearly exhausted.

    18 May 2022 · passed without a vote
  7. HE 238/2021 vpPassed with amendments

    Easing corporate restructuring and debt adjustment

    A new early restructuring procedure will be established for businesses, and access to debt adjustment will be facilitated for indebted individuals and entrepreneurs. The reform will speed up debt relief and a fresh start for operators facing financial difficulties.

    13 May 2022 · 1 vote

    Only vote · Lausumaehdotus , mietintö / Peter Östman

    88 jaa
    66 ei
  8. HE 178/2021 vpPassed with amendments

    User fee for the insolvency system

    A user fee of 230 euros will be charged to bankruptcy estates and restructuring debtors for the maintenance of the electronic Kosti case management system. The fee will be imposed only when proceedings progress as far as the confirmation of a distribution list or restructuring programme.

    3 Dec 2021 · passed without a vote
  9. HE 88/2021 vpPassed

    Raising the maximum pay security amount

    The maximum amount of compensation paid under pay security will rise from 15,200 euros to 19,000 euros per employee. The increase will improve employee protection in situations where an employer faces bankruptcy or other insolvency.

    24 Jun 2021 · passed without a vote
  10. HE 233/2020 vpPassed

    Extra time to pay debts

    Companies will temporarily receive additional time to pay their debts before a creditor can petition for their bankruptcy based on failure to comply with a demand for payment. The payment period will be extended from the usual one week to 30 days.

    17 Dec 2020 · passed without a vote
  11. HE 205/2020 vpPassed

    Second round of business cost support

    Temporary cost support for enterprises would be continued with a second application round to alleviate financial difficulties caused by the coronavirus pandemic. At the same time, the terms of the support and eligible expenses would be made more flexible so that the support reaches struggling companies better than before.

    1 Dec 2020 · 4 votes

    Closest vote · Lausumaehdotus, mietintö / Pia Kauman ehdotus

    32 jaa
    23 ei
  12. HE 14/2020 vpPassed with amendments

    Reforming unemployment funds and member protection

    Rules on the governance, management qualifications and membership procedures of unemployment funds will be clarified and elevated to statutory law. Unemployed members will be able to transfer to another unemployment fund if their own fund is dissolved, placed into liquidation or goes bankrupt.

    19 Nov 2020 · passed without a vote
  13. HE 164/2020 vpPassed

    Extending bankruptcy protection for companies

    Creditors will still not be able to petition for a company's bankruptcy solely on the basis of failure to pay a payment demand. The temporary protection introduced due to the coronavirus crisis will be extended until the end of January 2021.

    26 Oct 2020 · passed without a vote
  14. HE 120/2020 vpPassed

    Travel bankruptcy compensation for cancelled trips

    The state can compensate passengers for payments for trips cancelled due to the coronavirus epidemic and received travel vouchers if a tour operator goes bankrupt. Compensation will be paid when claims cannot be covered by the tour operator's securities.

    2 Oct 2020 · 1 vote

    Only vote · Lausumaehdotus, mietintö / Juhana Vartiainen

    32 jaa
    24 ei
  15. HE 46/2020 vpPassed with amendments

    Protecting businesses from coronavirus bankruptcies

    Businesses will be temporarily protected from bankruptcy due to sudden payment difficulties caused by the coronavirus pandemic. A creditor will not be able to petition for a company's bankruptcy solely on the basis of an unpaid demand for payment made under threat of bankruptcy.

    29 Apr 2020 · passed without a vote
  16. HE 32/2020 vpPassed with amendments

    Compensating municipalities for delayed tax revenue

    The state will temporarily compensate municipalities for tax revenue whose accrual is delayed due to tax payment relief granted to businesses. The amount paid will be deducted from municipalities' central government transfer compensations the following year, when the delayed taxes accrue.

    23 Apr 2020 · passed without a vote
  17. HE 221/2018 vpPassed with amendments

    Streamlining bankruptcy proceedings and clarifying environmental liabilities

    Bankruptcy proceedings will be accelerated by easing the settlement of debts and expanding electronic services. At the same time, clear definitions will be established for the extent to which a bankruptcy estate is liable for environmental harm and hazardous substances left behind by a company.

    9 May 2019 · passed without a vote
  18. HE 116/2018 vpPassed

    Powers to prevent serious environmental damage

    State supervisory authorities will be able to take direct action to prevent a serious hazard to the environment or health if the company responsible for the activity is, for example, bankrupt or unknown. Where possible, the costs incurred from the measures will be recovered retroactively from the liable party.

    29 Nov 2018 · passed without a vote
  19. HE 269/2016 vpPassed

    Extending business prohibitions to self-employed professionals

    A business prohibition could also be imposed on private self-employed professionals, and authorities could more readily ask the police or Finnish Customs to investigate the prerequisites for a prohibition. At the same time, it would ensure that the mere materialisation of business risk and insolvency does not lead to a business prohibition.

    29 Sep 2017 · passed without a vote
  20. HE 12/2017 vpPassed with amendments

    Reforming insolvency proceedings and registers

    Information on bankruptcies and corporate restructurings will become available online free of charge, and the practice of publishing official announcements in newspapers will generally be discontinued. Insolvency rules will be adapted to comply with revised European Union legislation.

    19 May 2017 · passed without a vote