• FIN TEM appointed cross-sectoral working group to prepare the reform of the Act on the monitoring of foreign corporate acquisitions in line with the government program.
• Assessment memorandum on the need for reform was completed on 5 February 2025.

Working Group Tasks

• The reform of the takeover act is necessary to better address the risks related to national security, supply security, and widespread influence than is currently the case.
• The task of the working group is to prepare a proposal for the reform of the Corporate acquisitions act, which has been prepared in the form of a government proposal.
• Working group will utilize the valuation memorandum on the need to reform the act.
• The current Corporate Acquisitions Act has been in force for more than 10 years.
• In addition, the EU FDI screening regulation is currently being reformed, which will be considered in the work of the working group.

Next Steps

• The proposal is due to be submitted to FIN PRL in Autumn 2026 at the latest.