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 advised Nala Renewables on the Finnish law aspects of the development, acquisition and financing of its battery energy storage system (BESS) project in Vuolijoki, Finland. The project comprises a 125 MW / 250 MWh battery energy storage system. Our advice extended beyond financing to the transaction’s legal due diligence and the acquisition of the project company. We also advised on key project contracts and financing documentation for the project finance facilities provided by Coöperatieve Rabobank U.A. The project is part of Nala Renewables’ growing portfolio of battery storage assets in Finland and the wider Nordic region, supporting the integration of renewable energy and contributing to the flexibility and stability of the Finnish electricity grid.
Case published 3.11.2026
We advised Foundation Clinic in connection with its funding round backed by a group of prominent Finnish technology entrepreneurs and investors, including founders behind Supercell and Wolt. Foundation Clinic is a Finnish healthcare company developing a new approach to private healthcare focused on preventive, data-driven and continuous care. The company aims to combine comprehensive health data with ongoing medical care to identify and address health risks at an early stage.
Case published 29.10.2026
We advised Delta Capacity AG in a project financing of two battery energy storage systems (BESS). The financed projects are among the largest BESS developments in Finland to enter construction with 250 MW / 600 MWh combined capacity. The financing was provided by Société Générale with support from Finnvera. Construction of both projects, located in Lapinlahti and Teuva, has already begun and the commercial operations are targeted to commence in late 2027 with partial tolling agreements already in place for both assets. The project in Lapinlahti is executed in partnership with Covenergo, while the project in Teuva is executed in partnership with Strioga Family Foundation. Delta Capacity is a Swiss developer of utility-scale battery storage systems. The projects strengthen Delta Capacity’s growing Nordic portfolio and support the flexibility of Finland’s electricity system by adding energy storage capacity, enabling production optimization as well as participation in electricity markets and reserve services.
Case published 28.10.2026