News

1111.25

AS BaltCap will continue as a manager of small alternative funds registered with Finantsinspektsioon

Finantsinspektsioon has withdrawn the operating licence as an alternative fund manager from AS BaltCap (register code 11419647). AS BaltCap will continue to operate as a registered manager of small alternative funds.

2910.25

Kerstin Pilt has been chosen as the new head of Finantsinspektsioon

Kerstin Pilt has been chosen to be the new head of Finantsinspektsioon following the public competition for the position announced by the Supervisory Board. Andre Nõmm and Andres Kurgpõld will remain as members of the management board and will be joined by Gerd Laub as a new member.

1410.25

At the banking supervision retreat, Kilvar Kessler stated that financial oversight must be risk-based and efficient

Finantsinspektsioon hosted a strategy retreat of the Supervisory Board of Europe’s Single Supervisory Mechanism (SSM), where participants discussed how to make supervision more risk-based, efficient and effective. 

1410.25

Finantsinspektsioon issued a precept to AS Inbank Finance

Finantsinspektsioon issued a precept to AS Inbank Finance (registry code 16197915) because it identified deficiencies in the internal regulations for assessing consumer creditworthiness and granting consumer credit. Assessing credit capacity is an important part of responsible lending that makes sure that credit is not given to people who are unable to repay it.

0910.25

Simplification may boost innovation says Kilvar Kessler along the lines of the Finantsinspektsioon international conference

Finantsinspektsioon organised a high-level international conference for the financial sector on 8 October, where decision-makers from 15 different countries discussed current topics that all affect the functioning of the financial sector and the competitiveness of the economy, including how to simplify regulation and how to protect against cyber risks.

0310.25

Finantsinspektsioon held a round table discussion on the role of influencers in sharing information about investing

Finantsinspektsioon organised a round table on 3 October with financial influencers or finfluencers. It discussed how the activities of finfluencers affect investment, what the legal restrictions and risks for them are, and how they as consumers can act reasonably and safely.