News

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.

2609.25

School pupils debated the future of cash and financial fraud

Eesti Pank, Finantsinspektsioon and the debating society Eesti Väitlusselts organised a debating event on 25 September in the Eesti Pank Museum for young people to debate how certain the future of cash is and whether it should be made harder to use financial services in order to tackle financial fraud.

2309.25

Finantsinspektsioon issued a precept to Luminor Bank AS

Finantsinspektsioon issued a precept to Luminor Bank AS (registry code 11315936) because it identified deficiencies in the provision of basic payment services to clients, particularly in the procedural rules for the provision of basic payment services.

1109.25

Heimondo Estonia OÜ was granted a licence as a credit servicer or debt collection agency

Finantsinspektsioon issued a licence to operate as a debt collection agency to Heimondo Estonia OÜ on 8 September. The debt collection licence will give Heimondo Estonia OÜ the right to call in debts arising from the credit contracts of banks and creditors.