Government bills5
- HE 67/2024 vpPassed with amendments
Strengthening financial sector digital resilience
Stricter requirements to prepare for cyber threats and system disruptions will be imposed on financial sector companies and their IT service providers. The Financial Supervisory Authority will supervise compliance with the requirements and may impose penalty payments for non-compliance.
11 Oct 2024 · passed without a vote - HE 154/2017 vpPassed
Tax authority access to money laundering data
The Finnish Tax Administration will gain the right to inspect customer identification and beneficial ownership data of entities covered by anti-money laundering legislation. In addition, the Finnish Tax Administration will be able to report deficiencies it identifies directly to the Financial Supervisory Authority and the Finnish Patent and Registration Office.
21 Dec 2017 · passed without a vote - HE 130/2017 vpPassed
Expanding automatic tax information exchange
Finland will introduce the automatic exchange of financial account information with Switzerland, Andorra, Liechtenstein, Monaco and San Marino. The change will enhance tax control and prevent international tax evasion.
1 Dec 2017 · passed without a vote - HE 6/2016 vpPassed
Expanding automatic tax data exchange
Finnish banks and other financial institutions would be required to determine the tax residence of their customers and report their account details to the Finnish Tax Administration. The change would enable automatic exchange of account details with non-EU countries as well, in order to prevent tax evasion.
17 Mar 2016 · passed without a vote - HE 3/2016 vpPassed with amendments
Stricter fund regulation and investor protection
The liability of mutual fund depositaries for fund assets will be tightened, and new rules will be set for the remuneration of management and staff in fund management companies. At the same time, administrative penalty payments imposed for regulatory violations in financial markets will be increased substantially.
15 Mar 2016 · passed without a vote