Government bills18
- HE 177/2025 vpPassed with amendments
Organising supervision of ESG ratings
The Financial Supervisory Authority will be designated as the Finnish authority supervising sustainability and responsibility ratings for companies and financial products. The change aligns national legislation with a new EU regulation.
11 Mar 2026 · passed without a vote - HE 86/2024 vpPassed with amendments
Centralising state venture capital in Tesi
State venture capital and business financing activities will be brought together under Suomen Teollisuussijoitus Oy (Tesi). The Climate Fund and Oppiva Invest will be wound up, and financing that involves state aid will be transferred to a new subsidiary, Teollisuustuki Oy.
18 Dec 2024 · passed without a vote - HE 311/2022 vpLapsed
Transferring Finnvera's financial supervision
Financial supervision of the state-owned specialised financing company Finnvera will be transferred from the Ministry of Economic Affairs and Employment to the Financial Supervisory Authority. The reform will strengthen the supervision of the state's increased financing and guarantee liabilities, taking into account Finnvera's special status in economic policy.
5 Apr 2023 · no votes - HE 212/2022 vpPassed with amendments
Introducing central counterparty resolution rules
EU regulation on the recovery and resolution of central counterparties clearing financial market transactions would be incorporated into Finnish law. The reform would ensure financial market stability during disruptions and prevent the need to bail out operators using taxpayers' money.
8 Feb 2023 · passed without a vote - HE 104/2022 vpPassed with amendments
Establishing national backup payment systems
National backup systems will be established in Finland to secure credit transfers, card payments and cash withdrawals during serious disruptions and states of emergency. The systems will ensure daily payments for citizens and businesses in situations where banks' normal systems are not functioning.
7 Jul 2022 · passed without a vote - HE 22/2022 vpPassed with amendments
Establishing a positive credit register
A centralised positive credit register will be established in Finland, compiling information on private individuals' loans and income. The register will enable lenders to check a loan applicant's actual debt situation and prevent over-indebtedness.
1 Jul 2022 · passed without a vote - HE 126/2021 vpPassed
Easing financial market regulation for recovery
Financial market legislation will be eased in line with EU regulation to facilitate access to financing for companies. Client reporting for investment services will be streamlined, and the exchange of information will shift primarily to electronic format.
12 Nov 2021 · passed without a vote - HE 48/2017 vpPassed with amendments
Clarifying the status of bondholder representatives
A new act on bondholder representatives will be introduced in Finland, defining the rights and obligations of representatives acting on behalf of investors. The activities of representatives will be subject to registration and supervision by the Financial Supervisory Authority.
6 Jul 2017 · passed without a vote - HE 255/2020 vpPassed with amendments
Supervision of sustainable finance disclosures
The Financial Supervisory Authority will receive powers to supervise disclosure obligations related to sustainability and corporate social responsibility in the financial sector. Financial administrative sanctions can be imposed for omissions regarding sustainability disclosures and for misleading marketing.
29 Apr 2021 · passed without a vote - HE 7/2020 vpPassed
Revising financial supervision and insider rules
The powers and sanction provisions of the Financial Supervisory Authority will be specified to align with European Union derivatives regulation. The obligation to maintain project-specific insider lists will be retained for companies listed on SME growth markets.
14 Apr 2020 · passed without a vote - HE 100/2018 vpPassed with amendments
Reforming financial data and solvency rules
Financial market legislation will be aligned with the EU General Data Protection Regulation and capital adequacy rules. The reform will clarify the maintenance of misconduct registers and strengthen the protection of banks' own funds.
19 Mar 2019 · passed without a vote - HE 111/2018 vpPassed with amendments
Easing regulation on securities prospectuses
Prospectus regulation relating to corporate securities issuance will be eased and simplified. The reform will make it easier particularly for small and medium-sized enterprises to raise finance from the markets.
30 Nov 2018 · passed without a vote - HE 151/2017 vpPassed with amendments
Reforming financial trading and investor protection
Rules on financial market trading and investment services will be reformed to align with EU directives and regulations. The changes will increase transparency in securities trading, improve investor protection, and raise supervisory penalties.
22 Dec 2017 · passed without a vote - HE 189/2016 vpPassed
Raising and extending Financial Stability Authority fees
The administrative fees financing the operations of the Financial Stability Authority will be raised and extended to cover significant branches of foreign banks in Finland. The change will ensure that the authority's operations are funded by the financial sector without tax revenue.
7 Dec 2016 · passed without a vote - HE 46/2016 vpPassed with amendments
Clarifying rules for business crowdfunding
A new act will be enacted in Finland for loan-based and investment-based crowdfunding for businesses. Companies intermediating crowdfunding will be required to register with the Financial Supervisory Authority.
27 Jun 2016 · passed without a vote - HE 27/2016 vpPassed with amendments
Supplementing the 2016 supplementary budget
A supplementary proposal to the 2016 supplementary budget (HE 9/2016 vp), detailing the Government's adjustments to the current year's budget amendments. It is considered together with the main supplementary budget proposal.
8 Apr 2016 · passed without a vote - HE 129/2015 vpPassed
Automatic exchange of financial tax information
Finland will introduce EU-wide automatic exchange of tax information on financial accounts. Banks and other financial institutions will be required to identify and report the account details of their customers resident in other member states to the tax authorities.
18 Dec 2015 · passed without a vote - HE 11/2015 vpPassed with amendments
Reforming listed company reporting and supervision
The statutory obligation for listed companies to publish quarterly reports will be abolished, and the prospectus requirement for small securities offerings will be eased. At the same time, the notification obligation for major shareholdings will be expanded, and sanctions for market violations will be tightened.
15 Oct 2015 · passed without a vote