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Yle's organisation

Internal and External monitoring

Internal monitoring

Internal monitoring ensures that Yle’s strategic and operative objectives are met, information concerning the operations is reliable, the company is managed efficiently, resources are used in an efficient and economical manner, and laws, principles and guidelines are complied with.

Yle’s Board of Directors approves the principles of internal monitoring, sets the objectives of internal monitoring and is responsible for the organisation of sufficient internal monitoring. The responsibility to execute and follow up internal monitoring rests with the CEO and the rest of the organisation. Internal monitoring is part of Yle’s daily operations and involves all employees. Internal monitoring is developed on an ongoing basis as part of the company’s planning, management and operating processes.

Sisäisen valvonta Ylessä

Compliance function

The objective of the compliance programme is to ensure compliance with laws, standards and ethical guidelines in the company. Yle’s operating principles are available on the company’s website.

The Board of Directors monitors that the compliance of Yle’s operations is ensured in an appropriate manner and reviews the key compliance risks related to the company’s operations. The Board of Directors approves the Compliance principles.

Yle is committed to complying with ethical operating methods and requires all partners to do the same. Yle has a company-wide Code of Conduct, as well as Ethical guidelines concerning programming and contents (OTS) in place. Yle complies with the Guidelines for Journalists drawn up by the Council for Mass Media.

Yle operates an ethics channel, which personnel can use to report observed or suspected ethics violations.

Risk management

Risk management is part of internal monitoring and good governance at Yle. Risk management refers to the continuous identification, assessment and management of the risks Yle encounters in its operations and related to its operations. Risk management covers all levels and risk types of Yle’s operations.

The purpose of risk management is to identify the key risk factors with regard to Yle’s operations and to manage them optimally so that the company’s strategic, operational and financial objectives are met and the events that damage the company’s reputation are minimised. Systematic risk management helps reduce the probability of the realisation of negative risks and decrease their adverse impact on the operations.

Yle’s Board of Directors has approved the risk management principles that govern the management of risks. The principles define the responsibilities and roles related to risk management and the ways to identify, assess and monitor risks.

Internal auditing

Internal auditing supports Yle’s Board of Directors in the monitoring of the adequacy, functioning and effectiveness of internal monitoring by providing objective assessment and consulting concerning the state of internal monitoring and risk management. The Board of Directors approves the internal auditing principles.

Internal auditing supports the executive management in meeting its objectives by giving recommendations for developing operating methods, processes and controls. Internal auditing systematically assesses the efficiency of internal monitoring and risk management as well as the administrative, management and monitoring processes.

Internal auditing reports to the Board of Directors. Audits are conducted by both Yle’s own and external resources.

External monitoring


In 2020, the company’s auditors were APA Virpi Halonen and KPMG Oy Ab, authorised public accountants, with APA Petri Kettunen as the principal auditor, until the Annual General Meeting held on 19 May 2020. The Annual General Meeting elected APA Virpi Halonen and KPMG Oy Ab with APA Petri Sammalisto as the appointed principal auditor, as the auditors of Yleisradio Oy.

The auditors were paid EUR 47,775 for the statutory audit for the 2020 financial period.

Yle has used the consulting services provided by KPMG Oy Ab in various projects related to the development of the company’s operations and paid a total of EUR 27,411 for these services.

Finnish Transport and Communications Agency

The legality of Yle’s operations is supervised by the Finnish Transport and Communications Agency. In accordance with section 12a of the Act on Yleisradio Oy, the Finnish Transport and Communications Agency monitors the differentiation of Yle’s commercial operations and the prohibition of price undercutting in the commercial operations, as well as the prohibition of advertising and sponsoring. The Finnish Transport and Communications Agency does not monitor the implementation of the public service mission referred to in section 7 of the Act of Yleisradio Oy. Instead, this mission is monitored by the Administrative Council of Yleisradio and the Parliament through the report submitted to it by the Administrative Council.

In accordance with the Information Society Code, the Finnish Transport and Communications Agency monitors, among other things, the implementation of the requirement to include European programming in the service provided by Yle and the fulfilment of the independent producer quota (“indie quota”), accessibility of Yle’s programming to individuals with vision or hearing impairments, and the sponsorship prohibition concerning programmes produced by Yle. In addition, the Finnish Transport and Communications Agency monitors Yle’s operations in the role of a general controller of legality with regard to the use of radio frequencies, for example.

Related party transactions

Yle has adopted related party guidelines approved by the Board of Directors, which define the composition of the related party, the related party transactions and the reporting of any related party transactions. Yle maintains a related party register, which includes the persons and organisations included in the company’s related party, the nature of each related party relationship, and the related party transactions.

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