The Finnish Maritime Act to be amended in respect to bareboat charter

Background on bareboat charter under the Finnish Maritime Act According to the Finnish Maritime Act (674/1994) (“FMA”), a double registration of a vessel is in practise not currently possible. The...

E-commerce in Finland

E-commerce in Finland | Electronic signatures and distance selling In Finland the following acts regulate e-commerce in addition to general statutes. The Information Society Code (917/2014, as amended) | E-commerce...

Exchange control or currency regulations in Finland – Repatriation of income

Exchange control in Finland | currency regulations | Repatriation of income In Finland there are no exchange control or currency regulations. * * * For further information please contact your...

Finnish Nationality granted to LKOS Law Office Managing Partner

Finnish Nationality granted to our Managing Par tner We are extremely happy to inform that our Managing Partner Liene Krumina has been granted a Finnish nationality. Ms Krumina passed the...

Sanctions a legal labyrinth to business lawyers

CROSSFIRE OF SANCTIONS CAUSES UNCERTAINTY AMONG BUSINESS LAWYERS Business lawyers do not like uncertainty. Nevertheless, business lawyers repeatedly describe various sanction regimes vague. Furthermore, opposing regimes also cause headache to...

LEGAL UPDATE | New requirements on registration of beneficial owners

Identify Beneficial Owners | Review Information Regularly The Finnish Act on Money Laundering requires that companies and organisations identify their actual beneficial owners to the Finnish Trade Register. Most companies...