The Estonian financial sector is no place for shell companies says Siim Tammer
On 15 December 2023, the Tallinn Administrative Court rejected the appeal of TAG Funds Management OÜ to have the decision of Finantsinspektsioon of May 2021 annulled and to be entered in the register of market participants as the manager of a small alternative fund. The court decided that Finantsinspektsioon had the right to reject the application for registration.