Government bills23
- HE 43/2026 vpPassed with amendments
Reforming insurance company solvency and supervision
Solvency, supervision and risk management regulation for insurance companies will be reformed in line with the EU Solvency II Directive. Simplified procedures will be introduced for small operators and the supervisory authority will be given new tools to intervene in market disruptions.
23 Jun 2026 · passed without a vote - HE 65/2026 vpPassed with amendments
Reforming pension insurance for athletes
Athletes' pension savings could be invested in unit-linked policies instead of the previous interest-linked policies. In addition, pensions could be paid for a fixed term or small accrued savings could be paid out as a lump sum.
11 Jun 2026 · passed without a vote - HE 194/2024 vpPassed with amendments
Reforming pension company management qualifications
The qualification and eligibility requirements for the management and administrative bodies of earnings-related pension insurance companies will be tightened and clarified. At the same time, it will be made easier to appoint financial sector experts to the administrative bodies of the companies, and the liability for damages of the Board of the Finnish Centre for Pensions will be specified.
3 Apr 2025 · passed without a vote - HE 87/2024 vpPassed
Raising insurance brokers' minimum liability coverage
The minimum amounts of liability insurance required of insurance brokers will be increased due to inflation. In addition, specifying references to the Whistleblower Protection Act will be added to insurance legislation.
15 Oct 2024 · passed without a vote - HE 226/2022 vpPassed
Easing invoice storage and VAT rules
Businesses will be allowed to store invoices and receipts more freely abroad as well, provided that the Finnish Tax Administration has access to the records without undue delay. In addition, the rules on VAT groups for financial and insurance companies and the procedures for correcting tax returns for EU distance sales will be made more flexible.
15 Dec 2022 · passed without a vote - HE 151/2022 vpPassed with amendments
Free police assistance for child welfare
Executive assistance provided by the police will be made free of charge in child welfare and urgent social welfare duties. Executive assistance can also be provided free of charge to individuals in a vulnerable position, such as victims of domestic violence.
30 Nov 2022 · passed without a vote - HE 198/2022 vpPassed
Rental housing financing and remote meetings
Subsidiary housing companies of earnings-related pension companies will continue to be allowed to take on debt to build rental housing until the end of 2027. At the same time, insurance companies will be enabled to hold remote and hybrid general meetings under the exact same rules as other limited liability companies.
9 Nov 2022 · passed without a vote - HE 130/2016 vpPassed
Transferring pension contributions to employees
The earnings-related pension contribution for employees will be increased and the employer contribution reduced correspondingly. The change will be implemented in phases in 2017–2020 as part of the Competitiveness Pact.
12 Oct 2016 · 1 vote133 jaa8 ei - HE 86/2022 vpPassed
Raising the road safety charge
The road safety charge paid by insurance companies will be increased to secure funding for road safety work. At the same time, the Finnish Motor Insurers' Centre will be designated as the body handling insolvency situations involving insurance companies.
1 Jul 2022 · passed without a vote - HE 214/2020 vpPassed
Securing covid-19 vaccine injury compensation
The state will guarantee pharmaceutical injury insurance covering potential adverse effects of covid-19 vaccines. As a result, people receiving the vaccine will have the same insurance cover as for other vaccines and medicines.
15 Dec 2020 · passed without a vote - HE 108/2019 vpPassed
Updating insurance sector supervision and requirements
Supervisory cooperation between the Financial Supervisory Authority and other European authorities in the insurance sector will be deepened. At the same time, the minimum amounts of mandatory liability insurance for insurance brokers will be increased and the qualification requirements for actuaries will be clarified.
7 Apr 2020 · passed without a vote - HE 87/2019 vpPassed with amendments
Reforming benefit and insurance data protection
Legislation concerning social security and the insurance sector will be aligned with the EU General Data Protection Regulation. The amendments will ensure the smooth processing of benefits and the prevention of fraud in the insurance sector.
30 Mar 2020 · passed without a vote - HE 298/2018 vpPassed with amendments
Improving and clarifying patient injury cover
The patient insurance system will be reformed and the legal protection of patients in injury situations improved. Patients will also be able to receive compensation for defects in devices implanted in the body and for vocational rehabilitation necessitated by an injury.
18 Jun 2019 · passed without a vote - HE 313/2018 vpPassed with amendments
Reforming pension institutions' stewardship and transparency
All earnings-related pension institutions will be placed under a statutory obligation to draw up and publish their principles of ownership steering. The change will increase transparency in the investment of earnings-related pension assets and in acting as shareholders.
6 May 2019 · passed without a vote - HE 52/2018 vpLapsed
Updating social security data protection rules
Social security and insurance legislation will be aligned with the EU General Data Protection Regulation. The amendments will enable automated decision-making in straightforward cases and ensure that data processing functions effectively in statutory duties.
18 Apr 2019 · no votes - HE 257/2018 vpPassed
Abolishing corporate income source division
In the income taxation of limited liability companies and other corporate entities, the separate income source for other activities will be abolished, and almost all income will be calculated as business income. This will allow losses incurred by different activities to be deducted from a company's other profits.
18 Feb 2019 · 2 votesClosest vote · Lausumaehdotus, mietintö / Pia Viitanen 2
91 jaa78 ei - HE 172/2017 vpPassed with amendments
Reforming insurance sales and customer protection
Rules on insurance sales will be reformed and customer protection strengthened, particularly regarding insurance-based investment products. Insurance distributors will face stricter requirements on information provided to customers, staff professional competence, and the management of conflicts of interest.
11 Apr 2018 · passed without a vote - HE 134/2017 vpPassed with amendments
Introducing a national incomes register
An electronic incomes register will be established in Finland, to which employers and other payers will report paid wages and earned income centrally. The new system will replace the annual returns and wage notifications previously submitted separately to various authorities.
21 Dec 2017 · passed without a vote - HE 125/2015 vpPassed
Reforming road safety funding
Insurance companies offering motor liability insurance will be charged a 1 per cent road safety fee paid into the state budget. The revenue collected will be used to fund road traffic safety work and accident investigation.
24 May 2016 · passed without a vote - HE 123/2015 vpPassed with amendments
Reforming the motor liability insurance system
The Motor Liability Insurance Act will be reformed, speeding up the processing of claims and giving insurance companies greater freedom in pricing premiums and bonuses. Personal injuries sustained by drivers participating in motorsport competitions will be excluded from the scope of statutory motor liability insurance.
20 May 2016 · passed without a vote