Amendment to the Money Collection Act would allow for voluntary carbon offsetting services

16.9.2021 13.47
The aim is to amend the Money Collection Act so that voluntary carbon offsetting services would be excluded from the scope of the Act. In future no money collection licence would be required for voluntary carbon offsetting. The Government submitted to Parliament a proposal to amend the Money Collection Act on 16 September 2021.

Amendment to the Money Collection Act concerning voluntary carbon offsetting sent out for comments

6.11.2020 13.13
The Ministry of the Interior sent the draft government proposal on amending the Money Collection Act out for comments on 6 November 2020. By this amendment, voluntary carbon offsetting services would be excluded from the scope of application of the Money Collection Act. In future, no money collection licence would be required for operations concerning voluntary carbon offsetting.

Relationship between carbon offsetting and Money Collection Act to be assessed

16.4.2020 9.25
Lentokoneen siipi.
The Ministry of the Interior has set up a legislative project aiming to assess the relationship between carbon offsetting activities and the Money Collection Act. Based on this assessment, the Money Collection Act will be amended to allow for voluntary carbon offsetting.

See also