Applicable Law

Bankruptcy Act
Restructuring of Enterprises Act

English version
Bankruptcy Act as at 01 September 2004 (not updated)
Restructuring of Enterprises Act as at 01 June 2007 (not updated)

Implementation of the Directive (EU) 2019/1023

Implementation texts
Government proposal (HE 238/2021 vp)
Report of the Commerce Committee (TaVL 17/2022 vp)
Report of the Legal Affairs Committee (LaVM 4/2022 vp)
Parliamentary reply (EV 51/2022 vp)

Additional resource
How Finland has implemented Directive (EU) 2019/1023 (as part of the Joint Project between INSOL Europe and LexisPSL on the implementation analysis of the Directive (EU) 2019/1023 in the EU Member States - as at 21/06/2022)

We are grateful to Jan LILIUS from Hannes Snellman Attorneys Ltd and INSOL Europe Country Coordinator assisted by Ilmari ESKOLA for sharing this information.
Update: April 2023

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