News

2503.25

Finantsinspektsioon fined Meelis Roosaar for market manipulation

Finantsinspektsioon identified the actions of Meelis Roosaar (personal ID code 37006222710) between 13.11.2023 and 22.03.2024 in trading the shares of Nordecon AS and Hepsor AS on the regulated market managed by Nasdaq Tallinn AS as market manipulation and fined him 4000 euros.

2503.25

Finantsinspektsioon and the Education and Youth Board gave board games about financial literacy to youth centres

Finantsinspektsioon and the youth information website Teeviit run by the Education and Youth Board are giving board games about financial literacy as Christmas presents to more than 100 youth centres so that young people can learn about saving and spending their pocket money in a simple and fun way.

2503.25

Finantsinspektsioon issued a precept to Salva Kindlustuse AS

Finantsinspektsioon issued a precept to Salva Kindlustuse AS (registry code 10284984) on 16 December requiring the insurer to remedy deficiencies identified during an on-site inspection.

2503.25

Finantsinspektsioon removed Vagner Insurance Broker AS from the list of insurance brokers

Finantsinspektsioon decided on 16 December to remove the insurance broker Vagner Insurance Broker AS (register code 10174793) from the list of insurance brokers as it found that the company had committed serious faults.

2503.25

Julianus Inkasso OÜ was granted a licence as a debt collection agency

Finantsinspektsioon issued the first operating licence as a debt collection company on 11 December to Julianus Inkasso OÜ. The Debt Collection and Debt Purchase Act requires all debt collection companies to apply for a licence if they collect or buy up debts arising from the credit contracts of banks or creditors.

2503.25

Harmonised requirements will start to apply for management of ICT risks in the European financial sector

The European Union's Digital Operational Resilience Act (DORA) will start to apply in Estonia on 17 January, and the requirements for companies operating in the European financial sector will consequently be harmonised.