68. Are elected officials required to submit reports regarding their finances?

There is no legal obligation on an MP to declare assets, income, liability or interests in Finland. However, by a decision of the Speakers´ Council, MPs are asked to file a notification of interests (“disclosure of outside ties”) with the Parliamentary Office at the beginning of each parliamentary term, on a form established by the Parliamentary Office.

Disclosure of outside ties is not mandatory, but the authorities state that during the last electoral period, all MPs filed notifications of interests and during the current term, only four MPs have not filed such notifications. A register of notifications and updates by MPs is kept by the Parliamentary Office. It is published on the Parliament’s website and reveals the complete information provided.

GRECO (2013), Evaluation Report on Finland - Corruption prevention in respect of members of parliament, judges and prosecutors (4th evaluation round), p. 17.