News

3006.25

Finantsinspektsioon issued a precept to Herrmann, Huebner & Partner Insurance Broker OÜ

Finantsinspektsioon issued a precept on 30 June to Herrmann, Huebner & Partner Insurance Broker OÜ because it did not release its annual financial report for 2024 on time.

2506.25

Finantsinspektsioon has issued guidelines for credit servicers, or debt collection agencies

Finantsinspektsioon is issuing an advisory guideline for credit servicers and credit purchasers concerning their relations with borrowers that is intended to develop uniform practice for debt collectors in the financial market governing how they relate to debtors with consumer credit, and conduct other transactions.

1806.25

A public competition will be held to find a new head of Finantsinspektsioon

The Supervisory Board of Finantsinspektsioon has announced a public competition for the position of Chair of the Management Board. The term of office of the current Chair, Kilvar Kessler, ends on 15 January 2026.

1706.25

Finantsinspektsioon has withdrawn the operating licence as a payment institution from AS Creditinfo Eesti

Finantsinspektsioon has withdrawn the operating licence as payment institution issued on 5 April 2021 to AS Creditinfo Eesti (register code 10256137). The licence was withdrawn following an application from the company itself. AS Creditinfo Eesti confirmed that it no longer provides the account information services covered by the licence since 31 May 2025.

1106.25

Finantsinspektsioon fined Svea Finance AS a total of 200,000 euros

Finantsinspektsioon fined Svea Finance AS (register code 11200943) a total of 200,000 euros for two misdemeanours, because multiple breaches of the rules were identified in its assessment of the credit capacity of consumers and because its internal rules did not meet the requirements.

1106.25

Finantsinspektsioon has withdrawn the operating licence as a payment institution from OÜ MyFinancier

Finantsinspektsioon has withdrawn the operating licence as a payment institution issued on 15 March 2021 to OÜ MyFinancier (register code 14321191). The licence was withdrawn following an application from the company itself. OÜ MyFinancier confirmed that it no longer provides the account information services covered by the licence since 22 May 2025.