News

0311.22

Finantsinspektsioon is directing banks to minimise their IT risks

Finantsinspektsioon is drawing the attention of smaller banks to the need to minimise their IT risks at a time when the number of attacks aimed at them has multiplied and there are heightened IT risks throughout the world.

0111.22

Finantsinspektsioon issued a precept to Luminor Leasing AS

Finantsinspektsioon issued a precept to Luminor Liising AS (registry code 10237140) because it identified deficiencies in the internal regulations for assessing consumer creditworthiness and granting consumer credit.

2510.22

TINV Europe AS, a part of the Wise group, was granted an operating authorisation as an investment firm

On 24 October, Finantsinspektsioon issued authorisation to TINV Europe AS to operate as an investment firm, giving it the right to provide various investment services and ancillary services to investment services.

2510.22

Finantsinspektsioon has withdrawn the authorisation from IUVO GROUP OÜ

On 17 October Finantsinspektsioon withdrew the authorisation as a credit intermediary issued on 28 August 2017 to IUVO GROUP OÜ. The authorisation was withdrawn following an application from the company itself.

2510.22

The financial ombudsman will empower debtors says Kilvar Kessler

Chair of the Board of Finantsinspektsioon Kilvar Kessler today spoke to a public meeting of the Legal Affairs Committee of the Riigikogu about the bottlenecks and solutions in the credit market, focusing on the instant loan market and possible changes to the law.

1110.22

Finantsinspektsioon has withdrawn the operating licence from AS KIT Finance Europe

Finantsinspektsioon withdrew the operating licence on 10 October for AS KIT Finance Europe (registry code: 11058103) to operate as an investment firm and as an investment adviser under an additional authorisation. The authorisation was withdrawn following an application from the company itself.