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Finland’s Government Sends Securities Markets Laws to Parliament

Finland’s government proposed an overhaul of securities markets legislation to add clarity, ease supervision and trim the administrative burden on companies, the Finance Ministry said in a statement today.

The parliament still needs to approve the proposal and the laws are scheduled to come into force on July 1. The government will send a proposal on the possible indirect holding of assets to parliament by the end of May, the ministry in Helsinki said.

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