Monthly Brief, November 2008

In this issue:

Corporate

• The Revised Finnish Corporate Governance Code Increases Transparency

• Government Actions to Secure Unemployment Funds and Pension Institutions

• The European Parliament Approves Directive on Temporary Agency Work

• The Government Proposes Changes in the Act on Equality between Men and Women

EU & Competition

• Commission revises Remedies Notice and amends Merger Implementing Regulation

IP & Technology

• ECJ Rules on the Notion of "Extraction" of the Contents of a Protected Database

CORPORATE

The Revised Finnish Corporate Governance Code Increases Transparency

The revised Finnish Corporate Governance Code (the "Code") for Finnish listed companies was issued on 20 October 2008 replacing the Corporate Governance Recommendation from 2003. The amendments to the Code are quite moderate and consist mainly of the increased duty of disclosure and the composition of the board of directors specifically in