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D&I Submits a Statement to the Ministry of Justice in Plea of Finland Adopting the UNCITRAL Model Law
2 Oct 2018 The Finland Arbitration Institute (the "FAI") and the Finland Chamber of Commerce have in 2016 proposed to the Finnish Ministry of Justice that the current Finnish Arbitration Act, dating from 1992, be overhauled to fully implement the UNCITRAL Model Law on International Arbitration (as amended in 2006). Following the discussions with the FAI and the Chamber of Commerce, the Ministry initiated an investigation as to whether amendments to the current Arbitration Act are indeed merited. As part of the investigation, the Ministry invited practising dispute resolution lawyers, academics and representatives of major Finnish corporations to attend a seminar to discuss the needs for the amendments to the current Act. The participants were further requested to submit written statements on the matter after the seminar. Dittmar & Indrenius has yesterday, 1 October 2018, submitted a statement to the Ministry of Justice favouring the proposal of the FAI and the Chamber of Commerce to fully adopt the UNCITRAL Model Law on International Arbitration as the national Arbitration law in Finland. Dittmar & Indrenius is strongly of the view that the adoption of the Model Law will provide Finland with an invaluable, internationally accepted legislative cornerstone, upon which to build a reputation as an internationally recognised and trusted place of international arbitration. Apart from the legislative framework for arbitration, Finland already has all the other requisite attributes to serve as a hub for international arbitration, including the adoption of the New York Convention, outstanding and efficient arbitral institution, the FAI with modern and state-of-the art arbitration rules of 2013, political neutrality, respect for the rule of law, exceptional geographic location, freedom from corruption and pro-arbitration court system. Dittmar & Indrenius is grateful for the opportunity to issue its statement on this matter of vital importance to the economy of Finland as a whole. Dittmar & Indrenius' statement is available here (in Finnish only).
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Law and Responsible Business
19 Sep 2018 We enter into cooperation with Finnish Business & Society ry (FIBS) to help to build better businesses and sustainable solutions. As of the beginning of 2019, FIBS is launching a programme producing corporate responsibility training and events in collaboration with selected expert organisations specialising in different responsibility themes within the framework of the new FIBS Partner programme. As a part of the FIBS Partner programme, we offer training for FIBS members aiming to provide practical information for monitoring legal developments relating to corporate responsibility. Corporate responsibility is an integral part of the insightful legal advice we provide to our clients. Corporate responsibility and sustainable business models will be our key themes during our 120th anniversary year 2019. "This is an exciting opportunity, fully aligned with our strategy and values. Corporate responsibility is a strategic question for all – and a legal perspective is necessary in finding practical and valuable solutions that make a real difference in building responsible business", says Partner Hanna-Mari Manninen. "We look forward to co-operation with our new partners, who are all top experts in their fields. We are pleased to have Dittmar & Indrenius on board as our partner who brings in the legal insights to corporate responsibility. Co-operation with our partners is an important opportunity for us to accelerate the growth of sustainable business in Finland", says Helena Kekki, Manager of FIBS's membership services. "Co-operation with FIBS signals our will to meet the future challenges of our clients in the constantly evolving business environment. D&I's Powerhouse model providing the clients with comprehensive, sustainable solutions for their business needs will play an instrumental role when providing services within the FIBS Partner programme", says Partner Kari Lautjärvi. Further information: Hanna-Mari Manninen, Partner, Head of Corporate Advisory, Compliance & CSR, tel. +358 40 717 7494, [email protected] Kari Lautjärvi, Partner, tel. +358 9 6817 0102, [email protected] Katja Hollmén, Director of Client Relations, tel. +358 50 573 7396, [email protected]   Dittmar & Indrenius, established in 1899, is a leading Finnish law firm focused on creating exceptional added value to demanding corporate clients. FIBS helps companies to do better business. It offers information about new, innovative ways of developing responsible business and a unique opportunity to network with companies from different fields as well as other social actors. The FIBS network includes over 320 companies and organisations. www.fibsry.fi

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