12/08/2026
Finantsinspektsioon issued precepts on 10 August 2026 to five companies registered in Estonia and listed on the Warsaw Stock Exchange – ATLANTIS SE, Elkop Estonia SE, FON SE, INVESTMENT FRIENDS CAPITAL SE and INVESTMENT FRIENDS SE – requiring them to publish the audited annual accounts that are part of their annual reports 2024/2025 together with the external auditor’s report. These companies have not yet complied with their obligation as required.
The precepts have been issued to protect the rights of investors and other market participants and to reinforce trust and transparency in the securities market. The annual accounts that are part of the annual report are audited in order to provide certainty that the financial information presented in them can be trusted. Failure to publish the report for the financial year means that investors cannot base their investment decisions on important information that has been verified. This affects trust in the issuer and so in the overall proper functioning of the market.