• Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
Close Search
00
GBAF LogoGBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
GBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Posted By Global Banking and Finance Review

    Posted on June 17, 2025

    Featured image for article about Headlines

    HELSINKI (Reuters) -Finland introduced a ban on the use of electric scooters by children under the age of 15 on Tuesday, and scooter rental companies will now require municipal licences to continue offering their services.

    The legislation on so-called micromobility approved by parliament last month is part of a broader ramping up of regulations on e-scooters in Europe, where their use has expanded rapidly in recent years.

    Italy, for example, has mandated that e-scooter riders wear helmets and possess insurance, while authorities in Paris and Madrid have banned e-scooter rental services.

    "This is a situation that has got completely out of hand, and now it just needs to be brought under control," Lulu Ranne, Finland's transport and communications minister, told Reuters.

    "I hope that in this way we can enjoy scootering safely and according to the rules, and at the same time save lives," she added.

    Finnish authorities estimate that around 1,600 people are seriously injured annually in accidents involving e-scooters. There have been at least six deadly incidents in the past five years, they say, and some 600 children sustained injuries that required hospital care during the same period.

    The new legislation also makes e-scooter users subject to the same blood alcohol limits applied to automobile drivers, bans their use while under the influence of drugs, and sets a maximum speed limit of 25 kph (15.5 mph), Finnish transport and communications agency Traficom said.

    E-scooter rental companies operating in Finland include U.S.-based Neutron Holding's Lime, Sweden's Voi Technology, Norwegian firm Ryde Technology and Germany's Tier Mobility.

    It was not immediately clear how the licencing requirement would affect their operations in Finland.

    Companies can face fines if they do not respect the new age limit, the ministry said, and liability for knowingly allowing underage driving can also fall upon parents.

    (Reporting by Anne Kauranen in Helsinki; Editing by Joe Bavier)

    Recommended for you

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe