News

3009.22

Finantsinspektsioon issued precepts to two companies in the Coop Pank Group

Finantsinspektsioon carried out simultaneous inspections at two companies in the Coop Pank Group, Coop Finants AS and Coop Pank AS. It issued precepts to both companies as deficiencies were identified by both inspections. The financial supervisor found that Coop Pank AS, registry code 10237832, needs to improve its credit risk management and control.

3009.22

Finantsinspektsioon launched a criminal case to investigate a breach of responsible lending

Finantsinspektsioon started misdemeanour proceedings to monitor a creditor that it supervises following reports published in the media.

2609.22

The Finantsinspektsioon Innovation Hub received more than 200 enquiries in a year

The Finantsinspektsioon Innovation Hub was contacted on 207 occasions during its first year of operations about topics relating to financial innovation, mostly about crypto assets in general or different specific tokens.

0509.22

Finantsinspektsioon is introducing a new solution for releasing financial sector statistics

Finantsinspektsioon will start to use the new STAR platform for releasing financial sector statistics as it covers market participants in the financial sector more broadly than before, adds new data positions, and allows data to be viewed and processed in a more user-friendly way.

0209.22

Chair of the Supervisory Board of the European Central Bank Andrea Enria visited Estonia

On 1-2 September, the head of banking supervision at the European Central Bank (ECB) Andrea Enria visited Estonia. During his visit Mr Enria met the management board of Finantsinspektsioon and leaders of the largest Estonian banks. 

1507.22

Heads of FinCEN and Finantsinspektsioon discussed the impact of the war in Ukraine on the financial sector

The Chairman of the Management Board at Finantsinspektsioon, Kilvar Kessler, and the Acting Director of the US Financial Crimes Enforcement Network (FinCEN), Him Das, met today in Tallinn to discuss the impact and risks of the war in Ukraine on the financial sector and opportunities for continued successful cooperation between the corresponding US and Estonian authorities.