By Petri Taivalkoski and Micaela Thorström
This article first appeared in Getting the Deal Through: Corporate Governance - A Global Competition Review Special Report, www.globalcompetitionreview.com.
1. What are the primary sources of law/regulation/practice (company law, securities law and regulations, listing rules, voluntary codes) relating to corporate governance?
Corporate governance in Finnish publicly listed companies is regulated by the Finnish Companies Act (734/1978, as amended), the accounting legislation, mainly the Bookkeeping Act (1336/1997, as amended) and the Accounting Act (936/1994, as amended) and the security markets legislation, mainly the Finnish Securities Market Act (495/1989, as amended) and the guidelines and regulations by the Finnish Financial Supervision Authority (FSA), as well as the rules and regulations of the Helsinki Exchanges.
