FIN MoJ Bankruptcy Tasks Decree


On Oct. 24, FIN MoJ issued decree on ombudsman, advisory board .


  • FIN GVT said decree on the organization of the tasks of the bankruptcy ombudsman and the bankruptcy advisory board has been approved by the State Council.
  • Re amendments to law on the supervision of the administration of bankrupt estates.
  • Follows Oct. 2024, FIN GVT approved act on bankruptcy adminisitration, see #203997.
  • Proposed Decree
  • Re amendments to law on the supervision of the administration of bankrupt estates.
  • Current decree on supervision of administration of bankrupt estates proposed to be replaced by proposed government decree on organization of the tasks of the bankruptcy ombusdsman (FIN KAM) and the bankruptcy advisory board.
  • Proposed to make technical, clarifying changes and updates to content of regulation.
  • Effectiveness
  • Regulation intended to enter into force on Nov. 1, 2024.

Regulators FIN KAM; FIN MoJ
Entity Types Corp; Fiduciary
Reference PR, 10/24/2024
Functions Compliance; C-Suite; Financial; Legal; Resolution; Risk
Countries Finland
Category
State
Products Corporate
Regions EMEA
Rule Type Final
Rule Date 10/24/2024
Effective Date 11/1/2024
Rule Id 231151
Linked to N/A
Reg. Last Update 10/24/2024
Report Section EU

Last substantive update on 10/29/2024