Intelligence

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.

Understanding the legal framework surrounding trade names is essential for any business owner. This article explores how trade names function as identifiers in the marketplace...

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.

Finnish Customs has uncovered a suspected sanctions evasion scheme involving nearly €6 million worth of hydraulic equipment allegedly exported to Russia through false declarations. Two individuals face aggravated charges for routing prohibited goods through Kazakhstan and Türkiye, with prosecutors expected to receive the case by year-end.

Navigating M&A negotiations requires more than just legal expertise—it demands strategic foresight and an understanding of how transaction terms interconnect. This article explores the critical stages where deals often falter, from the initial term sheet to final documentation, and reveals how parties can avoid common pitfalls that derail negotiations and erode trust between buyers and sellers.

Warranty and Indemnity insurance has become a standard feature in Finnish M&A transactions, yet many parties misunderstand its actual scope of protection. This examination reveals five critical coverage gaps that frequently catch buyers and sellers off guard, from the treatment of known risks to the challenges of proving losses. Understanding these limitations and how to address them through proper deal structuring can mean the difference between effective risk transfer and unexpected liability exposure.