We promote good securities market practice and develop the corporate governance of listed companies.

The main purpose of the Securities Market Association is to promote and define good securities market practice. We develop the self-regulation of listed companies in relation to corporate and securities market law.

We maintain the Finnish Corporate Governance Code and Helsinki Takeover Code and participate in the development of other self-regulation. Our boards provide guidelines, interpretations and recommended decisions on the application of the codes.

Corporate Governance Code

The Corporate Governance Code is a collection of recommendations on good corporate governance and reporting for listed companies. The recommendations supplement the legislation on listed companies.

Takeover Code

The purpose of the Helsinki Takeover Code is to promote the development of good securities market practice and to guide the procedures followed in takeover bids and mergers.

Instructions and document templates

The material bank contains instructions and document templates for listed companies. Their purpose is to facilitate and harmonise the corporate governance and reporting of listed companies.


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