ArticleCorporate Sustainability Reporting Directive: Delay In Implementation, No Mandatory Reporting For Listed SMEsThere are new developments in the drafting of the Corporate Sustainability Reporting Directive.European UnionCorporate/Commercial LawCastrén & Snellman
ArticleThe EU Regulation On Digital Operational Resilience For The Financial Sector Poses New Obligations For Boards Of Financial EntitiesThe Digital Operational Resilience Act DORA governing both digital operational resilience and the use of information and communication technology (ICT) in the financial sector entered into force in the European Union in January.European UnionFinance and BankingCastrén & Snellman
ArticleCastrén & Snellman Delivers Series Seed 4.0 – A Generational Overhaul Of Finland’s Standard Seed Financing DocumentationCastrén & Snellman's Private Equity and Venture Capital team has prepared Series Seed 4.0, a comprehensive update to Finland's standard seed financing documentation suite. The new version introduces significant structural improvements including a three-tier leaver classification system, enhanced liability frameworks, and sanctions compliance provisions that align Finnish venture capital practice with international standards. FinlandCorporate/Commercial LawCastrén & Snellman
ArticleThe Renewed Finnish Corporate Governance Code: Advancing Greater Diversity In BoardroomsThe Finnish Securities Market Association has recently unveiled the Finnish Corporate Governance Code 2025, which took effect on January 1, 2025.FinlandCorporate/Commercial LawCastrén & Snellman
ArticleNature Conservation Act Approved After Heated DebateParliament approved the new Nature Conservation Act on 13 December 2022. It will enter into force on 1 June 2023, replacing the old Nature Conservation Act (1096/1996)...FinlandEnvironmentCastrén & Snellman
ArticleBuilding Contracts: Circular Economy And New Regulation Create New Business In The Construction IndustryThe shift towards the circular economy is accelerating globally in nearly every industry—including construction.FinlandReal Estate and ConstructionCastrén & Snellman
ArticleProduct Liability Rules Under Reform In The EUThe EU's relatively old Product Liability Directive (85/374/EEC), adopted already in 1985, has been under the review of the European Commission in recent years.FinlandConsumer ProtectionCastrén & Snellman
ArticlePride Reminds Us Of The Need To Promote Equality For Rainbow MinoritiesThe Finnish Bar Association is visibly supporting Pride this year and is driving change in the culture of the field. European UnionEmployment and HRCastrén & Snellman
ArticleThe Artificial Intelligence Act And Consumer Protection – Are You Ready?Artificial intelligence, or AI for short, plays a major role in the modern lives of people and companies. Various automations and algorithms govern online services, online trade and digital...FinlandConsumer ProtectionCastrén & Snellman
ArticleThe Success Stories Of The Future Are Written By The New Generation – Scholarship Recipients Are Now ChosenA better and fairer future has always been close to our heart at Castrén & Snellman. During our long history, we have provided advice in socially important, ground-breaking cases...FinlandConsumer ProtectionCastrén & Snellman
ArticleProsperity And Climate Action Through Green MortgagesThe EU is aiming to be climate neutral by 2050, which will require climate action from us all.FinlandFinance and BankingCastrén & Snellman
ArticleBankruptcies In The Construction Industry Are Increasing – How To Prepare For The Contractor's Bankruptcy?The construction industry faced increasing difficulties last autumn. By the end of last year, the construction industry had seen over 100 bankruptcies more than the previous year.FinlandInsolvency/Bankruptcy/Re-StructuringCastrén & Snellman
ArticleMerely Fulfilling The Minimum Requirements Is Not Enough In Sustainable ConstructionSustainability and combating climate change are the constant subject of attention in both regulation and practice. However, the regulation reform and amendments are raising emotional responses and arousing discussion in the construction industry. FinlandReal Estate and ConstructionCastrén & Snellman
ArticleSupreme Administrative Court Issued A Yearbook Decision On Deducting VAT On Listing CostsIn its yearbook decision KHO 2023:33, the Supreme Administrative Court examined whether the purchases that concern the company's stock exchange listing and the related personnel offering...FinlandTaxCastrén & Snellman
ArticleChanges In The Construction Industry Provide Good Grounds For Updating The General Conditions For Building ContractsThe need for updating and reforming the YSE 1998 General Conditions for Building Contracts has been discussed for quite some time in the construction industry.WorldwideReal Estate and ConstructionCastrén & Snellman
ArticleGender Quotas Coming To Boards Of Finnish Listed CompaniesAs a part of the EU Gender Equality Strategy 2020–2025, the EU's equality objective concerning the boards of listed companies is advancing after a 10-year break.European UnionCorporate/Commercial LawCastrén & Snellman
ArticleThe Green Bond Label Brings Predictability, But Issuers May Have Doubts Due To The Stringent RulesThe European Union's commitment to sustainable finance has led to the introduction of the European Green Bond label, a new gold standard for green bonds.European UnionEnvironmentCastrén & Snellman
ArticleTowards A Digital Single Market: Amendments To Consumer Protection Act In 2022The Consumer Protection Act is set to see many amendments in the coming year. Some of the amendments are due to the national transposition of the EU's Sale of Goods Directive (2019/771).FinlandConsumer ProtectionCastrén & Snellman
ArticleEnergy Security Is A Matter Of Investment And CompetitivenessEnergy security is not simply a question of price levels, however. It is a matter of investment, competitiveness and the overall functioning of the economy.FinlandEnergy and Natural ResourcesCastrén & Snellman
ArticleFinland Proposes A New Data Centre Register – Draft Legislation Open For CommentsThe 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. FinlandStrategyCastrén & Snellman