Finland: Compliance

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Article
New EU-driven Banking M&A Rules Entered Into Force In Finland On 1 October 2026
Finland has implemented significant changes to its banking M&A regulatory framework through CRD6, introducing new notification obligations and FIN-FSA approval processes for credit institutions undertaking mergers, acquisitions, and corporate reorganizations. The updated rules establish materiality thresholds for asset transfers and holding acquisitions while creating a complex multi-layered regulatory landscape that institutions must navigate when planning transactions.
European Union Finance
CS
Castren & Snellman Attorneys
Article
Business Insurance 2026: The Cybersecurity Act
The Finnish Cybersecurity Act has fundamentally transformed business insurance requirements by extending cyber risk management obligations to thousands of companies across new sectors. With management now personally liable for cybersecurity compliance and facing potential fines up to EUR 10 million, organizations must reassess their cyber insurance coverage, directors' and officers' liability policies, and overall risk management frameworks.
Finland Insurance
NL
NORDIA Law
Article
Finland Proposes A New Data Centre Register – Draft Legislation Open For Comments
The Finnish government has proposed establishing a national data centre register with mandatory reporting obligations for operators of facilities with at least 0.5 MW IT power demand. The draft legislation would require detailed disclosures about ownership, energy consumption, infrastructure needs, and operational plans, with the National Emergency Supply Agency maintaining oversight and enforcement authority.
Finland Strategy
CS
Castren & Snellman Attorneys
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