This strategy sets the main priorities for the activities of Finantsinspektsioon in 2026–2029, reflecting the new expectations of financial supervision. The priorities set for the previous strategy horizon of 2022–2025 were improving the digital skills of the organisation, automating supervision, and positioning Finantsinspektsioon within the single European supervision and resolution structures. We have moved forward towards those targets, and we will continue to work on them during the new strategy horizon as well. In the changing environment, we continue to concentrate on the capacity for resilience of significant financial institutions and on protecting the interests of consumers of financial services and investors.
The new strategy will build on what Finantsinspektsioon has already achieved so far, but will redirect the emphasis because of three changes in circumstances in particular.
Main strategic focus areas of Finantsinspektsioon for 2026–2029
A. We are an open and decisive supervisor
Vision:
People and businesses trust their financial affairs to Estonian market participants and the Estonian market.
Expected outcome 1. Our supervisory activities are open and predictable and our expectations of market participants are clear. We develop transparent supervisory practices, improve our administrative procedures to provide a clear public service, and focus public attention on the biggest challenges in the financial sector.
Expected outcome 2. Finantsinspektsioon carries out risk-based and proportional supervision that does not become too complex. We involve market stakeholders in shaping regulations and actively look for ways of simplifying the existing regulations and supervisory practices.
B. We believe in a financial sector that is resilient and can stand up to crises
Mission:
We stand for trust in the financial sector and support the stable development of the financial system.
Expected outcome 1. Supervision focuses on the areas of highest risk and significant entities. We assess financial strength with thorough risk-based methodologies, use data-based analysis to identify risks early, run regular stress tests (including with the ECB), and focus on cyber and operational resilience.
Expected outcome 2. Finantsinspektsioon and the financial sector are crisis-ready. We simplify resolution plans, organise crisis exercises with partner institutions, ensure the continuity of vital payment and cash services even under national security crises, and keep our internal crisis management plans up to date.
C. We safeguard fair financial services and the market
Values:
Trust. Openness. Efficiency.
Expected outcome 1. Care and expertise must be demonstrated when financial services are provided, and products are sold fairly. Service providers must consider the needs of the customer, provide accurate and balanced information without hidden features, and ensure responsible lending. Quality must not suffer due to outsourcing.
Expected outcome 2. The financial sector may not be abused for criminal goals. We align our supervisory practices with the expectations of the Anti-Money Laundering Authority (AMLA). We strictly inspect systems countering money-laundering, terrorism financing, financial fraud, and breaches of financial sanctions.
D. We support the risk-aware use of technology
Expected outcome 1. Finantsinspektsioon supports innovation and the risk-aware use of new technology. We work to provide supportive supervision for those establishing innovative financial institutions and explain our expectations for new business models to allow for early adoption.
Expected outcome 2. Our technological capacity is at a high level. We develop automated and data-based supervision, design user-friendly digital services for market participants, and develop the necessary supervisory skills to understand and assess new technologies like artificial intelligence.
Expected outcome 3. The digital skills of Finantsinspektsioon are strong. We strengthen our own operational resilience to cope with cyber incidents and improve our capacity to assess digital and technological risks within the market.
E. We are an open organisation and we represent Estonia
Expected outcome 1. Our organisational culture is open and inclusive and supports development. We foster a management culture built on trust, maintain transparent communication, value alternative viewpoints, and provide our employees with constant opportunities for self-development.
Expected outcome 2. Estonia is actively represented within the European Union financial supervisory framework. We contribute to EU supervisory convergence (SSM, SRM, AMLA), ensure smooth and proportional application of EU frameworks in Estonia, and strengthen regional cooperation with partner institutions.