News

2909.21

Online Registrator OOO has been fined 18,000 euros

Finantsinspektsioon today fined Online Registrator OOO (Russian registry code 1127746022898) 18,000 euros for not notifying Finantsinspektsioon in advance of its intention to acquire an indirect significant shareholding in the Estonian investment company AS KIT Finance Europe.

2809.21

Maksekeskus AS was granted an operating authorisation to provide account information services

Finantsinspektsioon issued authorisation on 27 September to Maksekeskus AS to provide account information services as a payment institution.

2809.21

Kilvar Kessler will continue as Chair of the Finantsinspektsioon Management Board

The Finantsinspektsioon Supervisory Board decided at its regular meeting of 24 September that Kilvar Kessler would retain the office of Chair of the Finantsinspektsioon Management Board.

2409.21

Europe’s climate goals present challenges for the Estonian financial sector says Andre Nõmm

One of the biggest challenges for the Estonian financial sector in the coming years will be to achieve climate goals through regulation of the sector said Andre Nõmm, member of the Finantsinspektsioon management board, in his opening speech at the Äripäev Accounting Conference.

2309.21

The non-state pension fund Blagosostojanie has been fined 20,000 euros

Finantsinspektsioon fined the non-state pension fund Blagosostojanie (Russian registry code 1187700022465) 20,000 euros for not notifying Finantsinspektsioon in advance of its intention to acquire an indirect significant shareholding in the Estonian investment company AS KIT Finance Europe.

0709.21

The joint letter from central banks and financial supervision authorities on the Basel III agreement

The European Commission will publish its proposals in autumn for updates to the capital adequacy rules applied to banks operating in the European Union. 25 of the European central banks and financial supervisory authorities are asking that the Commission ensure that this proposal abide by the Basel III agreement.