Mika Ilveskero Elected Deputy Chairperson of New Auditing Board

Castrén & Snellman partner Mika Ilveskero has been elected as the deputy chairperson of the new Auditing Board for the term of 2016–2018. The Government established the new Auditing Board on 17 December 2015.

The new Auditing Act will enter into force on 1 January 2016. It provides that a new auditor oversight body, the Auditor Oversight Unit, is to be established within the Finnish Patent Registration Office. An independent Auditing Board will operate within the Auditor Oversight Unit. The Audit Board’s tasks include the general direction and development of auditing, impose administrative sanctions and decide demands for rectification as well as decide on appeals of decisions of the administrative courts.