The operating principles

The goal of good corporate governance, as practised by Finnvera, is to ensure transparency at all levels of the organisation. Finnvera’s Board of Directors has approved principles and guidelines for the company’s operations.

Ethical guidelines

Finnvera’s ethical guidelines consist of three sections and apply to both Finnvera’s employees and the members of the administrative bodies.

Guidelines for ensuring impartiality in decision-making and in preparation of matters

The principles on impartiality are meant to reinforce equity, neutrality and independence in Finnvera’s operations. The guidelines present modes of operation applied to disqualification, outside employment, gifts and hospitality. In practice, Finnvera employees must themselves weigh and recognise their disqualification in a matter being processed. In consequence, they must refrain from decision-making and from the preparation, advocacy and presentation of the decision in this matter. In addition, the guidelines describe practices associated with gifts and hospitality, the assessment of situations, the supervisor’s responsibility and the principle of prudence.

Guidelines for ensuring impartiality in decision-making and in preparation of matters

Principles of good conduct

By complying with the seven principles of good conduct Finnvera’s personnel consolidate the company’s reputation and help it achieve its goal as a provider of specialised financing and an expert esteemed by clients.

Guidelines on insider information

The guidelines on insider information clarify the concept of insider information for Finnvera’s employees working as financial advisors so that they are better equipped to identify in advance what type of information on client enterprises is classified as insider information and to prevent its misuse. The concept of insider information is defined in accordance with the Securities Markets Act.