Government bills8
- 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 270/2016 vpPassed with amendments
Downsizing and centralising district courts
The number of district courts in Finland will be reduced from 27 to 20, and their court locations will be cut. In addition, the handling of certain demanding categories of cases, such as company reorganisations and maritime law cases, will be centralised in fewer district courts than before.
24 Nov 2017 · 1 vote95 jaa77 ei - 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 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 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 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 - HE 81/2015 vpPassed with amendments
Reforming reindeer and natural livelihood support
The structural support schemes for reindeer husbandry, natural livelihoods and the Skolts will be aligned with EU rules, and support services will move online. At the same time, eligible targets will be reduced and legislative overlaps dismantled.
23 Dec 2015 · passed without a vote