News

2503.25

AS Redgate Capital was granted an additional licence

Finantsinspektsioon issued an additional licence to operate as an investment firm to AS Redgate Capital on 23 December. The licence gives the company the right to offer securities portfolio management as an investment service and foreign currency exchange services as an auxiliary service if those services are connected to the provision of investment services.

2503.25

OÜ GS Core was granted a licence as a debt collection agency

Finantsinspektsioon issued an operating licence as a debt collection company to OÜ GS Core on 23 December. The Debt Collection and Debt Purchase Act requires all debt collection companies to apply for a licence if they collect debts arising from the credit contracts of banks or creditors.

2503.25

Finantsinspektsioon has withdrawn the licence as a creditor from ON24 Aktsiaselts

On 23 December Finantsinspektsioon withdrew the authorisation as a creditor issued on 18 August 2016 to ON24 Aktsiaselts. The licence was withdrawn following an application from the company itself.

2503.25

Finantsinspektsioon issued a precept to Northern Horizon Capital AS

Finantsinspektsioon issued a precept to Northern Horizon Capital AS (registry code 11025345) on 19 December requiring the fund manager to remedy deficiencies identified during an on-site inspection.

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.