Leonian erityisasema EU-s nn sten vastainen

Article Abstract:

Finland's Office of Free Competition has asked the Ministry of Finance to make an inquiry to the sole right of Finnish Leonia Bank to handle all the Finnish state's payment traffic. According to the manager of the Office of Free Competition, other banks have complained about the special position of Leonia. According to the Office of Free Competition, the Leonia monopoly is unfounded and the matter can be referred to the EU regulations on competition. Even according to a representative of the Ministry of Finance, Leonia has lost its special position and the change of the position will come up in connection with the renewal of the credit legislation. The amendment may be put forward already during autumn 1998.

Comment:

Exclusive right as state's payment traffic is likely to be probed by Min of Finance, as requested by Office of Free Competition

Commercial Banks, Commercial Banking, Leonia Bank

---

Kunnille oikeus ottaa vapaamuotoisia el kevakuutuksia

Article Abstract:

Finland's government has given the parliament a proposal for law amendment according to which Finnish municipalities, municipal federations and other member communities of the municipal pension system will receive the right to take their personnel voluntary pension insurance policies from life insurance companies. The aim is to expand the personnel policy choices for municipal employers. This will not in any way affect the statutory pension insurance nor could it replace the obligatory pension insurance. The change is justified also by municipal employer not being in equal position to a private employer.

Comment:

Finland: Proposed amendment gives municipal workers right to take personnel voluntary pension insur policies from life insur cos

Pension Funds, Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Pension & Benefit Regulation, Public Empl Pension Funds, Pensions, Public employee pension funds

---

WSOY:n, YIT:n ja Finvestin p rssikaupat poliisitutkintaan

Article Abstract:

Finland's Financial Supervision has submitted the stock exchange deals of WSOY, YIT and Finvest to police investigation. The Financial Supervision suspects that inside information was used for the deals in WSOY shares in 1996 and 1997. Also deals in YIT Corporation shares in 1998 are suspected to be illegal. Two derivative crimes are suspected for the Finvest futures deals in spring 1998. The criminal investigation department of the Helsinki police does not wish to comment the matter at such early stages.

Comment:

Finland's Financial Supervision submits stock exchange deals of this co to police investigation

Other Electrical Equipment and Component Manufacturing, Electronic Components, Finvest Oy

Similar abstracts:

• Abstracts: The devaluing of a presidency. Martine Aubry, France's accidental politician
• Abstracts: Japan urgently needs rapid expansion of open mergers and acquisitions to gain financial fuel. New Asian economic model must be grounded in reality
• Abstracts: Why the rush to Latin America? Ukraine strikes blow for investors. Providing the energy for innovation
• Abstracts: Can passion be sustained in marriage? 'PMS was ruining my marriage'
• Abstracts: Survival is its strong point. In stretching dollars, shopping in Singapore may help, Visa finds. Comic books become a new venue for some marketers in Hong Kong

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.