Yes, provisional relief in various forms may be sought from the

courts during the conduct of arbitral proceedings in Finland according to

the Arbitration Act (967/1992) currently in force in Finland. The act,

which entered into force in December 1992, reflects the substance of the

UNCITRAL Arbitration Rules and the Model Law on International

Commercial Arbitration in their original format.

 

 

In general, the preconditions for obtaining provisional relief (or

precautionary / interim measures) are set out in the Code of Judicial

Procedure (4/1734) and in the Enforcement Code (705/2007), which

regulates the enforcement of the granted provisional relief. Provisional

relief is thus in Finland obtained in two phases; the grounds for issuing

the provisional relief are firstly evaluated on the merits by a court of law,

and, once granted, enforced by the executive authorities.

 

The provisional relief available under Finnish law is commonly

divided into three separate categories:

 

i) an attachment for the purpose of securing a monetary claim;

ii) an attachment for the purpose of securing the applicant’s

priority over a specified asset / object / item; and

iii) an injunction for the purpose of securing a civil law right, claim

or benefit not meant in i) and ii) above (also referred to as a

general precautionary measure).