News

Finantsinspektsioon restored the right to make transactions to Fresh Finance OÜ

By decision of the Finantsinspektsioon management board of 19 October, the creditor Fresh Finance OÜ (registry code 12243370), which had not had the right to make transactions, may again issue credit as the firm has remedied the deficiencies in its management.

Finantsinspektsioon issued authorisation to operate as an insurer to AS LHV Kindlustus

By decision of the management board of 29 December, Finantsinspektsioon issued authorisation to operate as an insurer to AS LHV Kindlustus, which will increase competition in the sector.

Finantsinspektsioon issued authorisation to operate as an investment firm to Funderbeam Markets AS

By decision of the management board of 31 December 2020, Finantsinspektsioon issued authorisation to operate as an investment firm to Funderbeam Markets AS.

Finantsinspektsioon management board Siim Tammer will continue to represent Finantsinspektsioon on the Auditing Activities Oversight Board

Member of the The membership of the Auditing Activities Oversight Board changed on 1 January. By decree of the Ministry of Finance, Siim Tammer was withdrawn as chair of the board, and he will continue as an ordinary member of the board and will represent Finantsinspektsioon on it.

The volume of loans with payment holidays fell substantially when the common regulation for how the banks grant them was ended

Insurance distributors providing cross-border services in the United Kingdom will need new licences when the Brexit transition period ends

Insurance distributors, which means insurers, insurance brokers and insurance agents, operating cross-border in the United Kingdom have been able again from the end of September to apply for a temporary permission to continue operating after the end of the Brexit transition period.