E-payments – the modern form of money transfers

  Tuulia Heiskanen, Aliant Finland. Electronic payments (e-payments) are used increasingly around the world and are especially convenient in purchasing things online. In Finland, services providing e-payment solutions are broadly available. To list a few, there is online banking, digital wallets, mobile payment services, electronic bank card payment services, contactless payment services, and payment services […]

Read more

Cross-Border M&A in Finland – EU/Nordic Aspects and Local Trends

CROSS-BORDER M&A in FINLAND – EU/Nordic aspects and local trends   By Tuomo Kauttu, Aliant Finland. A strategy for international M&A transaction in Finland requires analysis of three levels of regulation development. Beyond local laws, it is useful to consider both, the Nordic harmonization and EU harmonization. This view applies not only to business executives who […]

Read more

Beneficial Owners Registration

By Pekka Valo, 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 Finland. The relevant […]

Read more

Carbon Neutral Shipping – Business Opportunity or Regulatory Necessity?

By Dārta Dindune, Aliant Finland. In 2018 an idea aiming to find the “fastest route to zero-emission shipping” and potential partners that came from Finnish maritime and energy innovation company Wärtsilä, operating in the field since 1834 and involved in many recent advances in the industry, materialized into Zero Emission Energy Distribution at Sea (ZEEDS) initiative […]

Read more

SHALL CYBERSECURITY DEVELOP? – disregarding its complexity

Cyberattacks and cybercrimes can have various forms not only in the private sector and corporate transactions, but increasingly among the governments and between the nations. Confidential information, fateful data, as well as intellectual property, can be accessed, stolen or affected by malware. Worldwide 156 countries (80%) have enacted cybercrime legislation, 5 % draft legislation and […]

Read more

EU Measures to Reduce Power of Big Tech Companies

By Tuulia Heiskanen, Aliant Finland. The EU has taken measures to tackle the power of big tech companies on the Internet. On the 20th of January 2022, the European Parliament accepted the Digital Services Act (DSA) which will regulate big digital technology companies’ behavior to reduce their power online and have more transparency. This is […]

Read more

New Horizons:

How external counsel can help you explore and secure market entry opportunities

IR Global members offer jurisdiction-specific advice on how external counsel can help you explore & secure market entry opportunities.  The global Covid-19 pandemic may not be over, but business leaders […]

Read more

Member Spotlight – From Maritime law to Karelian culture, Lauri Railas believes variety is the spice of life

Lauri Railas has had a varied career that includes maritime law, academia, working for the European Commission in Brussels and chairing the Karelian heritage association, which straddles Finland and Russia. As an ethnic Karelian Lauri works hard to keep the culture of his ancestors alive and maintains relations with the Karelian population in Russia. Karelia […]

Read more

Renovation of EU Patent System and Its Impact to Finnish Law

On the 30th of August 2021, the Act on the Protocol on Privileges and Immunities of the Unified Patent Court was passed in Finland. The law is based on the EU process of renovating the European patent system and preparing for establishing the Unified Patent Court (UPC) for dealing with European Patent matters. The Finnish […]

Read more

E-payments – the modern form of money transfers

  By Tuulia Heiskanen, Aliant Fnland. Electronic payments (e-payments) are used increasingly around the world and are especially convenient in purchasing things online. In Finland, services providing e-payment solutions are broadly available. To list a few, there is online banking, digital wallets, mobile payment services, electronic bank card payment services, contactless payment services, and payment […]

Read more

HOW 9/11 CHANGED LOGISTICS AND THE INCOTERMS?

The US and the whole Western Alliance withdrew from Afganistan by the end of August this year, markedly to avoid being present there during the 20th anniversary of 9/11 strikes to the World Trade Center in New York back in 2001. The US together with its allies invaded to Afganistan to defeat the Taliban administration […]

Read more