LATEST ARTICLES
Finland
Castren & Snellman Attorneys
In a constantly evolving business landscape characterised by market fluctuations, carve-out transactions stand out as a compelling alternative...
Castren & Snellman Attorneys
There are still difficult times ahead for the state's finances, and the need to cut expenditure is growing. One of the ways in which the Government will try to achieve savings...
Castren & Snellman Attorneys
A committee appointed by the Ministry of Justice published its report (available in Finnish) on the reform of the Act on the Openness of Government Activities on 12 December 2023.
Borenius Attorneys Ltd
The partial reform of the Finnish Act on Preventing Money Laundering and Terrorist Financing, which has been in the works since January 2022...
Borenius Attorneys Ltd
Did you know that the Foreign Subsidies Regulation ("FSR") becomes applicable in July?
Envoy Global, Inc.
Finland advises all European Union and European Economic Area nationals to apply for an A1 certificate for short-term business travel
Dittmar & Indrenius
The new Foreign Subsidies Regulation (the "FSR" or the "Regulation") – entering into force today, 12 January 2023 – introduces a further regulatory hurdle for companies...
Castren & Snellman Attorneys
Diverse reasons – such as not putting a public procurement out to tender, discriminatory requirements in a call for tenders or erroneous comparison of tenders – can make the tenderer...
Merilampi Attorneys Ltd
The Finnish Advisory Board for Bankruptcy Affairs has recommended an accelerated reorganization model to be applied to viable companies that have fallen into financial difficulties.
Merilampi Attorneys Ltd
Finland has enacted laws and regulations against money laundering.
Roschier
The Finnish Parliament has recently adopted amendments to the Act on Contractor’s Obligations and Liability when Work is Contracted Out (FI: laki tilaajan selvitysvelvollisuudesta ja vastuusta ulkopuolista työvoimaa käytettäessä; 1233/2006) and to the Act on Public Procurement (FI: laki julkisista hankinnoista; 348/2007).
Borenius Attorneys Ltd
The Act on Public Contracts provides that the contracting authority is obliged to take into consideration facts which actually affect the price of the tender, including a financial aid given by the contracting authority itself to the tenderer.
Borenius Attorneys Ltd
The Finnish Government has agreed on the budget framework for the next four years. In order to balance the state economy, the Government has decided on economic measures of EUR 2,7 billion.
Borenius Attorneys Ltd
One of the most significant contracting authorities in the field of social welfare and health in Finland conducted a wide public procurement on medical supplies and devices.
Borenius Attorneys Ltd
Contracting authorities carrying out public procurements have been criticised for emphasising the lowest price as the selection criteria in invitations to tender.
Borenius Attorneys Ltd
Amendments to the Finnish public procurement legislation came into force on 1 June 2010. The new legislative package includes doubling of the national thresholds values that determine the applicability of the Finnish Act on Public Contracts and also the transposition of the Remedies Directive 2007/66/EC into national legislation.
Borenius Attorneys Ltd
There are two main pieces of national legislation regulating the award of contracts by the contracting authorities: the Act on Public Contracts (Laki julkisista hankinnoista 348/2007; "APC") and the Act on the Procurement Procedures of Entities Operating in the Water, Energy, Transport and Postal Services Sectors (Laki vesi- ja energiahuollon, liikenteen ja postipalvelujen alalla toimivien yksiköiden hankinnoista 349/2007; "Utilities Act") which entered into force on 1 June 2007.
Castrén & Snellman
Dittmar & Indrenius
The revision of the Vertical Block Exemption Regulation and its accompanying Guidelines has reached its completion.
Mondaq Webinars
FREE News Alerts
Sign Up for our free News Alerts - All the latest articles on your chosen topics condensed into a free bi-weekly email.
Comparative Guides
Upcoming Events
Mondaq Advice Centres
