Arvopaperimarkkinalaista

Arvopaperimarkkinalaista refers to the body of law governing securities markets. In Finland, this legislation is primarily contained within the Act on Investment Firms (sijoituspalvelulaki) and the Act on the Openness of Securities Operations (laki arvopaperimarkkinoiden toiminnasta). These laws establish the framework for the issuance, trading, and supervision of financial instruments such as stocks, bonds, and derivatives. The core objective of arvopaperimarkkinalaista is to ensure the fairness, transparency, and efficiency of the securities markets, thereby protecting investors and maintaining market integrity.

Key aspects covered by arvopaperimarkkinalaista include regulations concerning market abuse, such as insider trading and market manipulation, and rules related to the disclosure of information by listed companies. It also defines the requirements for investment firms and other market participants, including licensing, conduct of business, and capital adequacy. The Finnish Financial Supervisory Authority (Finanssivalvonta) is the primary regulatory body responsible for overseeing the enforcement of these laws. The legislation aims to foster investor confidence and promote the effective functioning of capital markets as a means of financing economic activity. Changes and updates to arvopaperimarkkinalaista are often driven by the need to align with European Union directives and international regulatory standards.