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Finnish regulator fines three individuals for late notifications

View of cathedral through archway with snowy market scene in Helsinki, Finland.
Photo: Getty Images

Martina Lindberg

<1 min read
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The delays in transaction reporting ranged from two months to almost a year.

FIN-FSA, the Finnish Financial Supervisory Authority, has penalized three individuals for allegedly failing to file notifications in a timely fashion.

The individuals in question were connected to Orion Corporation and Bioretec Ltd., and included an unnamed person closely associated with a person discharging managerial responsibilities at an unnamed issuer.

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