Beneficial Owners Registration

Posted Posted in Corporate Law, Legislation

By Pekka Valo, Senior Counsel, Aliant Finland. The European Union 5th Anti-Money Laundering Directive requires that EU member states should set up beneficial ownership registers for corporate and other legal entities by 10 January 2020 and for trusts and similar legal arrangements by 10 March 2020. I will now describe the implementation and requirements in […]

ALIANT® CONFERENCE 2020

Posted Posted in General, News

The 5th Annual Aliant® Conference took place on October 21st – 23rd. Both, the program and the most advanced virtual technology were well organized. Special thanks to Jacob Stein and Alysia Leigh Camp who made this unique Aliant Annual Conference happen. Among us, Jonathan Fitzgarrald, Managing Partner of Equinox Strategy Partners and Lawrence (Larry) Kohn, president of Kohn Communications, shared great advices on “Business […]

COVID-19 -matkustusrajoitukset

Posted Posted in News

Ulkomaalaisten maahantuloa koskevia rajoituksia tiukennettiin uudelleen 12.10.2020 alkaen. Aiemmin syyskuussa lievennetty koronailmaantuvuuden raja-arvo pysyy ennallaan, mutta tartuntojen leviämisen kiihdyttyä lievennetyt raja-arvot ylittyvät yhä useamman maan kohdalla. Sovellettava raja-arvo on 25 uutta tautitapausta 100 000:ta henkilöä kohden edellisen 14 päivän aikana. Sisärajavalvonta (Schengen-alueelta Suomeen tulevat) palautettiin ja otettiin käyttöön 18.3.2020, minkä jälkeen sitä on tiukennettu ja […]

Contract Law and CSR

Posted Posted in Corporate Law, International Business

By Kaisla Yli-Juuti, Aliant Finland. The use of private contract law in international supply chains has become more common as the number of corporations working across borders has increased. Incorporating Corporate Social Responsibility (CSR) and sustainability obligations into supply chain contracts is one way of making them legally binding and enforceable, thereby motivating suppliers to […]

COVID-19: Yt-neuvottelut. Labour law and Co-operation negotiations.

Posted Posted in General

Hallitus hyväksyi useita väliaikaisia muutoksia työlainsäädäntöön tarkoituksena helpottaa yrityksien ja työntekijöiden tilannetta koronavirustilanteen aikana. Muutokset mahdollistavat toiminnan ja työvoiman sopeuttamisen nopeasti kysynnän heikentyessä poikkeusoloissa.

The government of Finland approved a number of temporary changes to labor law to ease the situation for companies and workers during the coronavirus pandemic. The changes will enable operations and the workforce to adapt quickly as demand weakens in exceptional circumstances.

Hallitus määräsi uusia rajoituksia rajaliikenteeseen alkaen 24.8.2020

Posted Posted in News

Tämän kirjoituksen rajoitukset ja määräykset eivät välttämättä ole enää voimassa. Päivitetty teksti löytyy tästä: Hallitus päivitti matkustukseen liittyviä rajoituksia, uudet rajoitukset voimaan 19.9.2020. Hallitus päätti istunnossaan 18.8.2020 ulkomaalaisten Suomeen tuloa koskevista uusista rajoituksista rajaliikenteeseen. Rajoitukset astuvat voimaan maanantaina 24.8.2020 ja niiden voimassaolon edellytykset tarkistetaan noin kahden viikon välein. Sisärajavalvonnan palauttaminen ei vaikuta perustuslain 9 §:ssä […]

Acquiring a Nordic Business

Posted Posted in Corporate Law, International Business, Mergers and Acquisitions

By Tuomo Kauttu, Partner, Aliant Finland
From a global point of view, Europe seems to be a puzzle whose pieces are difficult to put together and which are constantly changing, sometimes disappearing altogether. This view applies not only to business executives who think in terms of markets but to lawyers as well who are supposed to think in terms of jurisdictions. In the Nordic region, there are countries that are members of the European Union (“EU”) and countries that are non-EU members. Among the Nordic EU member states, Finland is the only country that is also a member of the European Economic Monetary Union (EMU), while Sweden and Denmark are non-euro EU members, and Norway and Iceland are neither EU nor EMU members. […]

Recent changes to Finnish legislation due to COVID-19

Posted Posted in Legislation

On March 16, 2020, Finland declared a nationwide state of emergency due to the COVID-19 outbreak. As a result of this, the Finnish government submitted a decree implementing the Emergency Powers Act. The two commissioning decrees for the Act were given on March 17 and 19, respectively. Last time the Emergency Power Act was in use during wartime. Therefore the use of the Emergency Power Act is very exceptional and it demonstrates the significant influence which COVID-19 has on society. The Act transfers the legislative power from the parliament to the government. Furthermore, also the legislative procedure is accelerated which enables swift amendments. […]