Page 18 - Dittmar Quarterly Q1 2019

QUARTERLY Q/1 – 2019
TRANSACTION POWERHOUSE
Implementation of EU’s Second Shareholder Rights Directive in Finland
The EU’s Second Shareholder Rights Directive ((EU) 2017/828, “SHRD II” or “the Directive”) is expected to be implemented in Finland on 10 June 2019. New provisions amending the Securities Markets Act, the Companies Act and the Act on Investment Services will concern publicly listed companies, institutional investors, asset managers and proxy advisors. The following highlights the key changes brought into Finnish legislation. In addition, publicly listed companies are recommended to keep an eye on the Finnish Corporate Governance Code (“CG Code”) that will also be amended during 2019.
Juha-Pekka Mutanen, Partner Hanna-Mari Manninen, Partner Tuomas Tiensuu, Senior Associate
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