Amendments effective as of 1 July 2005 have been introduced in the Finnish Securities Markets Act, Act on Financial Supervision, and certain other acts (HE 137/2004).

Although some may regard Finland as being slightly remote from continental Europe, it has had an active private equity industry for a long time. Finland’s venture capital association, the FVCA, was established in 1990 and currently has 42 full members and 69 associate members.

Finland is a substantially greater source of innovation than the small size of its population might indicate. Finnish companies and research and development (R&D) centres are actively involved in top R&D in several fields.

Universities lie in the core of successful, leading economies in the world. They have traditionally been thought of as the places for higher education and basic research, but serve increasingly also other than purely public interests.

A commentary related to the privacy issues related to mobile apps, which have been at the center of attention of U.S. authorities recently.

The Digital Finance Package, which was originally adopted in September 2020, is finally coming to life this spring.

There are two main pieces of national legislation regulating the award of contracts by the contracting authorities: the Act on Public Contracts (Laki julkisista hankinnoista 348/2007; "APC") and the Act on the Procurement Procedures of Entities Operating in the Water, Energy, Transport and Postal Services Sectors (Laki vesi- ja energiahuollon, liikenteen ja postipalvelujen alalla toimivien yksiköiden hankinnoista 349/2007; "Utilities Act") which entered into force on 1 June 2007.