Government bills13
- 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 - HE 153/2025 vpPassed with amendments
Allowing debt conversions in corporate restructuring
Debts of a company undergoing corporate restructuring could be converted into the company's shares directly under the restructuring programme. Under certain conditions, the arrangement could also be carried out against the will of the shareholders.
18 Dec 2025 · passed without a vote - HE 12/2023 vpPassed
Safeguarding additional debt restructuring payments
Creditors' ability to demand additional payments from a debtor will be safeguarded in old debt restructurings. The change applies to situations where a payment schedule was confirmed before July 2022.
12 Oct 2023 · passed without a vote - 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 - HE 146/2022 vpPassed with amendments
Reforming cross-border corporate restructurings
Finnish limited liability companies will be able to transfer their registered office to another EEA state or from another state to Finland without winding up the company. At the same time, regulation on cross-border acquisitions and divisions will be harmonised, and regulatory oversight to prevent abuses will be tightened.
20 Dec 2022 · passed without a vote - 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 voteOnly vote · Lausumaehdotus , mietintö / Peter Östman
88 jaa66 ei - 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 - 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 - 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 - 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 - HE 210/2018 vpPassed with amendments
Facilitating housing company redevelopment
Housing companies would be able to decide on demolishing an old building and constructing a new one by a four-fifths qualified majority instead of requiring the unanimity of all shareholders. A shareholder opposing the project would have the right to have their shares redeemed at fair market value.
25 Jan 2019 · passed without a vote - HE 112/2018 vpPassed with amendments
Reforming the ranking of bank creditors
A new lower-ranking debt class will be created for the liabilities of banks and investment firms for potential crisis situations. The reform clarifies investor responsibility and helps cover bank losses without taxpayer support.
24 Oct 2018 · passed without a vote - HE 109/2016 vpPassed
Introducing cross-border bank account preservation
Creditors will be able to freeze a debtor's bank account funds in another EU member state more easily and quickly to secure their claims. In Finland, the issuing of preservation orders will be centralised at Helsinki District Court, and enforcement will be handled by the enforcement authority.
9 Dec 2016 · passed without a vote