FIN TEM Patent and Registration Board


On Sep. 23, FIN TEM issued bill amending law for more digitalization.


  • FIN TEM issued bill HE 117/2024 vp to amend the Patent and Registration Board law.
  • EUR 3.3 million has been allocated in the 2025 budget for digitalization development.
  • Main Points
  • According to the proposal, a new task would be added to the agency, so that the Board would be responsible for directing companies' digital financial management network.
  • Also, the Board would coordinate development work so that digitization projects implemented in public administration and the private sector support that network.
  • Addition of a rule on the digital financial management cooperation group of companies to the law; bill linked to the 2025 budget and will be discussed in connection with it.
  • Effectiveness
  • The law is intended to enter into force on Jan. 1, 2025.
  • Dec. 2024 Law Approved
  • On Dec. 5, 2024, FIN GVT said FIN PRL approved FIN TEM Act amending the Act on the Patent and Registration Office and orders law to enter into force on Jan. 1, 2025.

Regulators FIN GVT; FIN TEM
Entity Types Corp
Reference Bill TEM/2024/172, HE 117/2024 vp; EV 100/2024 vp, 12/5/2024; Bill HE 117/2024 vp, PR, 9/23/2024
Functions Compliance; Financial; Legal; Operations; Product Design; Registration/Licensing; Reporting; Technology
Countries Finland
Category
State
Products Corporate
Regions EMEA
Rule Type Final
Rule Date 9/23/2024
Effective Date 1/1/2025
Rule Id 227247
Linked to N/A
Reg. Last Update 12/5/2024
Report Section EU

Last substantive update on 12/10/2024