Grünfin AS was granted an operating authorisation as an investment firm

05/10/2021

On Monday 4 October, Finantsinspektsioon issued authorisation to Grünfin AS to operate as an investment firm, giving it the right to provide securities portfolio management services for clients and securities custody and management services as an ancillary service, and to provide related activities.

The members of the management board of Grünfin AS are Alvar Lumberg, Jürgen Valter, Triin Hertmann and Karin Nemec.

The website of Finantsinspektsioon lists the authorised investment firms that are registered as supervised entities.

More news

1511.24

Coop Pank AS was granted a licence to issue covered bonds

At the proposal of Finantsinspektsioon, the European Central Bank gave Coop Pank AS a licence to issue covered bonds. At the same time, Finantsinspektsioon approved Coop Pank’s covered bonds programme.

0111.24

Sortter OÜ was granted an operating licence as a credit intermediary

Finantsinspektsioon issued a licence to operate as credit intermediary to Sortter OÜ on 21 October. The licence allows Sortter OÜ to issue credit to consumers for a fee or to enable consumers to sign credit agreements.

0111.24

AB Kreditex AS broke the law despite misdemeanour proceedings being terminated

Finantsinspektsioon terminated the misdemeanour case against AB Kreditex AS because the time limit on misdemeanour proceedings had passed. The time expired for the misdemeanour proceedings on 11 October, when the two-year period allowed for the proceedings was completed.

0111.24

Finantsinspektsioon fined Hannes Niid for trading in shares while under a ban

Finantsinspektsioon fined Hannes Niidi (ID code 38909300304), member of the board at Punktid Technologies AS (register code 16158335), 800 euros for a misdemeanour as he twice traded in the shares of Punktid Technologies AS while he was under a 30-day ban on doing so between 31.08.2023 and 29.09.