News

1005.23

Kilvar Kessler praised the digitalisation of the Estonia financial sector at the EUROFI seminar

trength of the financial sector in the Baltic and Nordic regions is the high level of digitalisation, said Chair of the Finantsinspektsioon Management Board Kilvar Kessler at the EUROFI seminar in Stockholm. He was speaking at the conference on a panel that focused on the current and future trends in the financial sector in the Nordic and Baltic countries and best practice.

0805.23

Technological development brings new risks to the financial sector says Kilvar Kessler at the RAID conference

Head of the management board at Finantsinspektsioon Kilvar Kessler spoke to the RAID 2023 conference about technology and innovation in the financial sector and about new technological risks. He was speaking at the conference on a panel that focused on the risks and opportunities of digital currencies.

2704.23

Finantsinspektsioon has withdrawn the authorisation as a credit intermediary from Monestro P2P OÜ

On 24 April Finantsinspektsioon withdrew the authorisation as a credit intermediary issued on 19 September 2016 to Monestro P2P OÜ. The authorisation was withdrawn following an application from the company itself.

2704.23

Finantsinspektsioon fined LHV Pank

Finantsinspektsioon fined AS LHV Pank (registry code 10539549) 5000 euros for a misdemeanour, as the bank disclosed confidential banking information to third parties without authorisation.

2704.23

Finantsinspektsioon held an open day

Finantsinspektsioon held an open day on 13 April to talk about the more interesting aspects of its work and what happens in the back rooms. The event was attended by some 50 students from different universities.

1404.23

Finantsinspektsioon warns creditors against charging too much

Finantsinspektsioon has issued a memorandum to draw the attention of creditors to the requirement to observe the upper limit on the Annual Percentage Rate (APR) in contracts that allow the repeated use of credit.