ARTICLE · 07 DECEMBER 2005

A Guide To Finnish Arbitration Law

Roschier

Contributor

Roschier

Roschier

Roschier is one of the leading law firms in the Nordic region with offices in Helsinki and...

View firm profile

Explore more from Roschier

The formal legal requirements for an arbitration agreement to be enforceable under Finnish arbitration law are in substance identical to those of the UNCITRAL Model Law on International Commercial Arbitration (the "UNCITRAL Model Law").

FinlandLitigation, Mediation & Arbitration

Petri Taivalkoski

Helle Lindegaard

This article was originally published in The International Comparative Legal Guide to International Arbitration 2006 published by Global Legal Group

1. Arbitration Agreements

What if any, are the legal requirements of an arbitration agreement under the laws of your country?

The formal legal requirements for an arbitration agreement to be enforceable under Finnish arbitration law are in substance identical to those of the UNCITRAL Model Law on International Commercial Arbitration (the "UNCITRAL Model Law").

An arbitration agreement therefore needs to be made in writing. This requirement can, however, also be fulfilled by using modern means of communication, as long as they provide a written record of the agreement to arbitrate.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

Related Articles

Dispute Resolution In The Space Industry — 8 Reasons To Choose Arbitration

FinlandLitigation, Mediation & Arbitration

Hannes Snellman

Finnish Gambling System Reform – Part VI – Sanctions & Dispute Resolution

FinlandLitigation, Mediation & Arbitration

Hannes Snellman

New Blog Series On Space Law

FinlandLitigation, Mediation & Arbitration

Hannes Snellman

New Precedent By The Supreme Court Of Finland Regarding Injunctions

FinlandLitigation, Mediation & Arbitration

Hannes Snellman

The New Precedent Of The Finnish Supreme Court Clarifies The Calculation Of The Deadline For An Action For Setting Aside An Arbitral Award (Available In Finnish And English)

FinlandLitigation, Mediation & Arbitration

Hannes Snellman

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

Comparative Guide

Litigation

Comparative Guide

Class Actions

Comparative Guide

International Arbitration

See more popular content from

Litigation, Mediation & ArbitrationRoschier

ECJ Rulings in Database Cases

The European Court of Justice (the "ECJ") handed out four closely linked judgments on 9 November 2004 concerning the exploitation of horse racing data and fixtures list data in betting coupons.

FinlandLitigation, Mediation & Arbitration

Arbitration In Finland – 2024 FAI Arbitration Rules

On 14 December 2023, the Arbitration Institute of the Finland Chamber of Commerce (the "Institute") announced the revised Arbitration Rules of the Finland Chamber of Commerce, which came into force on 1 January 2024.

FinlandLitigation, Mediation & Arbitration

Class Action In Finland

FinlandLitigation, Mediation & Arbitration

Inheritance And Gift Taxes

FinlandLitigation, Mediation & Arbitration

The New Precedent Of The Finnish Supreme Court Clarifies The Calculation Of The Deadline For An Action For Setting Aside An Arbitral Award (Available In Finnish And English)

In addition, the arbitral tribunal had sent paper copies of the arbitral award to the parties by courier on 1 August 2022.

FinlandLitigation, Mediation & Arbitration

Hannes Snellman

Remarkable Precedent On Foundation Law From The Supreme Court

Attorneys Antti Hannula and Pinja Hoffrichter successfully advised Riihi Säätiö s.r. in a precedent on foundation law in the Finnish Supreme Court (KKO:2024:35). The Supreme Court confirmed our view of interpretation.

FinlandLitigation, Mediation & Arbitration

New Precedent By The Supreme Court Of Finland Regarding Injunctions

Tuoreessa ennakkopäätöksessään KKO 2025:88 korkein oikeus linjasi, että myös tilanteissa, joissa pääasiaa ei ole vielä ratkaistu, tarpeettomasta turvaamistoimesta aiheutuneen vahingon korvaamista koskeva kanne oli oikeudenkäymiskaaren ...

FinlandLitigation, Mediation & Arbitration

Hannes Snellman

Unjust Enrichment Must Be Restituted

Restitution of unjust enrichment is one of the principles of civil law that aims to ensure justice in property relations.

FinlandLitigation, Mediation & Arbitration

Supreme Court Considers Arbitration Rules

Although the Supreme Court of Finland has issued only one judgment relating to arbitration since 1999, the court is currently considering two such cases and it is expected that judgments in both cases will be issued in the next few months.

FinlandLitigation, Mediation & Arbitration

Castrén & Snellman

New Blog Series On Space Law

We are launching a new blog series in which we will discuss legal phenomena related to space, current topics, and the regulation of the space industry. It is worth turning your gaze to the sky, as space activities are growing rapidly in Finland alongside global growth.

FinlandLitigation, Mediation & Arbitration

Hannes Snellman

Liability and Reliance in Relation to Vendor Due Diligence

The legal investigation of a target company in M&A transactions, i.e. a "legal due diligence", has traditionally been performed on behalf of the potential purchaser

Doing Business in Finland

EU & Competition Law News - 17 September, 2008

In a preliminary ruling the European Court of Justice ("ECJ") held that a company in a dominant position on the relevant market for medicinal products is abusing its dominant position if it refuses to meet ordinary orders of wholesalers in order to stop parallel exports.

FinlandInternational Law

Supreme Court Rules On Mandatory Nature Of The Working Hours Act

The Finnish Supreme Court held in its decision rendered on 1 June 2007 (KKO:2007:50) that during an employment relationship an employer and employee can not validly agree upon terms according to which the employee waives rights or benefits provided by the mandatory provisions of the Working Hours Act (605/1996).

FinlandEmployment and HR

Legal Merger As A Substitute For Mandatory Redemption

There has been a recent surge of public M&A transactions in Sweden. One of the aspects that have been widely debated in connection with several recent public bids have been the use of legal mergers as a substitute for mandatory redemption procedures to reach 100% ownership following a takeover bid.

SwedenFinance and Banking

E-Commerce - A Global Competition Review - Special Report

EU & Competition Law News - 24 September, 2008

The Commission has cleared, subject to conditions, the proposed acquisition of Enodis, of the UK, by Manitowoc, of the US. Manitowoc is active in various sectors including the manufacture of lifting equipment in the shipbuilding industry and the production of cold-focused equipment in the foodservice sector.

FinlandInternational Law

Financing Real Estate Acquisitions in Finland

In little more than two years the Finnish real estate investment market has virtually exploded in an astonishingly rapid development from a dormant domestic market to one of the most dynamic real estate markets in northern Europe.

FinlandFinance and Banking

Class Action In Finland

FinlandLitigation, Mediation & Arbitration

Pre-emptive Rights, Requirement for Consent and Right of First Refusal in the Articles of Association of a Limited Liability Company in Sweden

The articles of association of a Swedish company may include provisions on pre-emptive rights, to the effect that a purchaser is obliged to offer a purchased share to other shareholders for pre-emption (Swe: hembudsforbehall, Fi: lunastuslauseke).

SwedenCorporate/Commercial Law