17 Companies. The Agenda is aimed at the companies which are not considered able to implement Corporate Governance recommendations for listed companies, but which nevertheless desire to improve their operations in conformity with good corporate governance principles. Implementation of the agenda is fully voluntary. The agenda is available in Finnish, Swedish, English and Russian. More information can be found at www.chamber.fi. Helsinki Takeover Code The Securities Market Association has also issued a new Helsinki Takeover Code that entered into force on 1.1.2014. Helsinki Takeover Code contains recommendations on the procedures to be complied with in public takeover bids. The recommendations are based on the Securities Market Act and need to be complied with on a comply or explain -basis. The purpose of the Helsinki Takeover Code is to promote the development of good securities markets practice and to provide direction for the procedures to be complied with in takeover bids. The purpose of the Takeover Code is to promote development of good securities markets practice and provide direction for the procedures to be complied with in public takeover bids. The objective of the Takeover Code is to standardise the procedures to be complied with in public takeover bids in Finland, and in this way promote the legal protection of the parties in a takeover bid. More information can be found at www.cgfinland.fi.
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