Update on the Finnish Cross-Border Licence for Third-Country Firms
February 1, 2019

Since our Legal Update Finnish Ministry of Finance is Proposing a Cross-Border Licence for Third-Country Firms, the Government Proposal (HE 277/2018) for third-country firms to provide investment services on a cross-border basis to professional clients and eligible counterparties in Finland has taken a step forward and is currently being reviewed by the Finnish Parliament. The […]

On Regulation of AI Systems in Europe
February 1, 2019

Introduction Artificial intelligence (“AI”) has become an area of strategic importance and a key driver of economic development. As a result, in order to ensure the competitiveness of the European Union (“EU”) and to shape AI’s development and use in alignment with European values, the European Commission (“Commission”) has recently shifted its focus into the […]

Anti-Money Laundering Rules Imposed New Obligations on Entities Registered in the Finnish Trade Register
January 28, 2019

Certain entities registered in the Finnish Trade Register (Fin. kaupparekisteri) are obliged to identify and maintain records of their beneficial owners from 1 January 2019 onwards. The majority of these entities must also register their beneficial ownership information in the Trade Register by 1 July 2020. Hannes Snellman has prepared a brief guideline on the […]

New Swedish IP Legislations
January 22, 2019

New Legislation Entering into Force in 2019 1 January 2019 is an important date as several new IP legislations have been implemented in Sweden. In particular, a new Trade Mark Act entered into force together with a new act on Geographical Indications, the previous Trade Names Act has also been replaced by a new Act […]

Brexit: Implications for Financial Services in Finland and Sweden
January 17, 2019

The UK is due to leave the European Union (EU) on 29 March 2019. The UK and the EU published a draft Withdrawal Agreement in November 2018.  The draft Withdrawal Agreement, if concluded, would provide for a transition period ending on 31 December 2020 during which EU law would continue to apply in the UK. […]

EU:n tietosuoja-asetukseen liittyvät oikeudenkäynnit ja riidat
January 7, 2019

Euroopan unionin yleisen tietosuoja-asetuksen (EU) 2016/679 valmistelun ja voimaantulon yhteydessä suurimman mediahuomion ja yleisen mielenkiinnon kohteena ovat olleet hallinnolliset sakot, jotka ovat tuoneet asetukselle laaja-alaista huomiota. Hallinnollisten sakkojen voimakas korostaminen on osin saattanut antaa harhaanjohtavan kuvan ”sanktiokentästä”, sillä sakot ovat vain yksi useista mahdollisista seuraamuksista, joita tietosuojasääntelyn, muun lainsäädännön (kuten rikoslainsäädännön) tai sopimusten vastaisesta toiminnasta […]

Nedräkningen till julafton är igång och därmed också förberedelserna inför årets julbord. För att kittla inte bara smaklökarna utan även den juridiska lustan har vi strött lite arbetsrättsliga inslag över våra julbordsfavoriter i form av vår årliga adventskalender! Arbetsrättslig Ris a la Malta På utsidan ser Ris a la Malta ut som vanlig gröt Men […]