Insurance Regulation & Regulatory Compliance

Insurance Regulation & Regulatory Compliance

Insurance is a heavily regulated field that calls for sector-specific legal expertise. In addition to being familiar with the day-to-day insurance law and the international regulatory framework, anticipating any developments in the insurance practice is key in this sector.

We advise you in all matters related to insurance regulation and market changes. As our client you will gain the most up-to-date information concerning the market and benefit from our solid practical experience of insurance business operations and our excellent contacts with the authorities. Our experience and expertise will be of particular use in situations where regulations are still in the formative stage and have not yet been applied in practice. In international regulatory matters you will also have access to our unique global network of law firms.

Our services include:

  • Licenses and market entry
  • Notifications and Europass procedures
  • Insurance intermediary, distribution and marketing issues
  • Data protection and data security
  • Legal opinions
  • Capitalisation arrangements
  • Regulatory compliance advice and audits
  • Insurance classes
  • Ancillary operations
  • Outsourcing arrangements
  • Governance system requirements
  • Continuity management
  • Changes in guarantee capital
  • Corporate law counselling
  • Preparation and management of matters related to general meetings, such as chairing the meeting
  • Regulatory updates and training for senior management
  • Regulation monitoring and reporting; providing training at the operative level
  • Tax advice and seeking advance rulings
  • Competition law
  • ESG regulation and compliance
  • Procurement procedures
  • Prevention of money laundering and terrorism financing
  • Sanctions regulations
  • Employment law counselling
  • Auditing internal regulations and policies

Latest references

We advised the Savings Banks Group on an arrangement whereby the shares in Sp-Henkivakuutus Oy were sold to Henki-Fennia and at the same time the parties agreed on a long-term distribution cooperation for insurance savings and loan protection products. The closing of the transaction remains subject to regulatory approvals. Sb Life Insurance is a domestic life insurance company, established in 2007, offering insurance savings and risk insurance products to private customers and companies. The Savings Banks and Oma Säästöpankki Oyj act as agents for Sp-Life Insurance. Henki-Fennia is a subsidiary of Keskinäinen Vakuutusyhtiö Fennia, specialising in voluntary life, pension and savings insurance.
Case published 11.4.2025
We acted as legal adviser to Banyan Software on its acquisition of Carus Ferry, a Finland-based provider of reservation, check-in and port operations software for ferry and passenger shipping operators. The acquisition further strengthens Banyan Software’s presence in the Nordic region while providing Carus with a long-term partner to support its continued growth and development. Carus was founded in 1998 and is headquartered in Mariehamn on the Åland Islands, Finland. The company develops mission-critical software for ferry, cruise and passenger shipping operators, covering the full passenger journey from booking and ticketing to capacity management, check-in and boarding. Carus also provides port automation, onboard sales systems and business information tools. The company serves approximately 30 operators across four continents and is the largest vendor by customer count in ferry reservation and departure control. Banyan Software is an acquirer and long-term operator of mission-critical software businesses serving specialised industries. Founded in 2016, Banyan follows a buy-and-hold-for-life approach and supports the long-term growth and development of its portfolio companies. Banyan operates more than 130 portfolio companies across North and South America, the United Kingdom, Europe and APAC. Following the acquisition of Carus, Banyan operates three businesses in the Nordic region.
Case published 20.10.2026
We advised Move Energy as an investor in connection with the combination of 3North Partners Plc and Steady Energy Oy and the related private placement and initial public offering of the combined company on Nasdaq First North Growth Market Finland. In connection with the transaction, 3North Partners received approximately EUR 69.8 million in investor commitments from a group of institutional and other investors, including Move Energy, to fund the combined company. Steady Energy is a Finnish nuclear technology company developing a new generation of small modular reactors (SMRs) particularly suited for district heating. Its LDR-50 reactor is designed to provide cities and utilities with a scalable and low-carbon alternative to combustion-based heat production.
Case published 19.10.2026
We advised Efima Oyj on the sale of its AI business to Better Care Technologies Oy. The transaction included Efima’s Moiva AI platform developed for the care sector, the related technology and brand, customer contracts, and the experts working in the business. Efima is a Finnish digital company that supports the sustainable growth of large and mid-sized companies by streamlining their business processes and by creating competitive advantage through the innovative use of artificial intelligence and data. The company has nearly 200 experts based in Helsinki and Tampere. 
Case published 21.9.2026