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Financial Institution Compliance Requirements in Finland: Expert Advice from Borenius

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In the increasingly complex regulatory landscape, financial institutions operating in Finland face mounting demands for compliance and adherence to stringent rules and regulations. To navigate this intricate environment, Borenius’ Financial Institutions & Regulation team provides expert guidance and support to clients across a wide range of sectors.

Regulatory Expertise at the Forefront

Borenius combines its extensive industry expertise with in-depth knowledge from various fields of law, ensuring that clients receive comprehensive and tailored advice on regulatory matters. The firm’s team consists of experts who have previously served as in-house counsel, management professionals, and regulators, both domestically and internationally, providing them with a unique understanding of the field.

Services Covering Regulatory Advice and Compliance

Borenius’ services encompass regulatory advice for transactions within the financial sector, as well as everyday compliance and regulatory issues related to conduct of business. The firm’s areas of expertise include:

  • Bank Funding

  • Anti-money laundering (AML) and counter-terrorism financing (CTF)

  • Authorisations and notifications

  • Fund regulation

  • Financial regulation M&A

  • Consumer credit regulation

  • ESG

  • Payment services

  • Fintech

  • Provision of investment products and services

Recent Recognitions and Success Stories

Borenius has been recognised for its expertise in FinTech by Chambers, with clients praising the firm’s creativity and ability to apply established legal concepts to new challenges. The firm has also advised numerous high-profile clients on various regulatory matters, including:

  • Verkkokauppa.com on consumer credit terms
  • Lea Band ASA on acquiring consumer credits from a Finnish actor

Recent Experience in Key Sectors

Borenius has recently advised:

  • A Finnish financial institution on the applicability and impact of sanctions related to trading finance instruments
  • Oma Savings Bank Plc, Danske Mortgage Bank Plc, POP Mortgage Bank Plc, and Bonum Bank Plc on updating their debt programmes for issuing covered bonds and MREL eligible notes
  • Verkkokauppa.com on consumer credit terms

Expert Guidance in Compliance Requirements

Borenius’ Financial Institutions & Regulation team is well-equipped to provide expert advice on compliance requirements, including AML/CTF and sanctions. The firm has experience advising clients on setting up internal compliance programmes and analysing risks related to business partners and individual transactions.

Get Expert Advice Today

For comprehensive guidance on financial institution compliance requirements in Finland, contact Borenius’ Financial Institutions & Regulation team today.