Finland to Tighten Insider Trading Fines, Helsingin Sanomat Says

Finland’s government proposed increasing fines on violations of the securities law as part of a legislative overhaul to be approved by parliament as of September, Helsingin Sanomat reported.

Maximum fines on infractions like insider trading are set to become ten-times higher than currently, rising to as much as 100,000 euros for private individuals and as much as 10 million euros ($12.7 million) for companies, the Helsinki-based newspaper said today, citing Finance Ministry official Janne Haeyrynen and Jarmo Parkkinen from the country’s Financial Supervisory Authority.

To contact the reporter on this story: Kasper Viita in Helsinki at

To contact the editor responsible for this story: Christian Wienberg at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.