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"Traffic vioaltion fee" is a great translation. As far as I understand the logic behind them, they're meant for relatively minor violations where a fine would be kind of overkill and specifically have to be "directed" at the right person.

The downside is that unlike fines which scale by income here – the term is "päiväsakko" or "day fine", a fine unit that scales with net income – the fees are fixed sums, so unless a person with high income really does something heinous with their car, they're not as likely to get 200k€ (really) speeding tickets.

So now if you're rich you can speed all you want and pay a relatively small fee for it, as long as you're not doing 200km/h in a school zone or something like that

Edit: https://www.nbcnews.com/id/wbna4233383

From 2004. He was driving 80km/h in a 40km/h zone.

"Millionaire hit with record speeding fine"

One of Finland’s richest men has been fined a record 170,000 euros ($217,000) for speeding through the centre of the capital, police said on Tuesday.

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