Companies offering financial services in Estonia require permits issued by Finantsinspektsioon.
A financial institution who is authorised in another EEA State may conduct financial activities in Estonia if it is within the scope of a relevant EU Single Market Directive. In order to do so, the institution must first contact their home-state regulator who in its turn will notify Finantsinspektsioon. When active in Estonia, a financial institution also needs to comply with national rules, provided in General Good.
Please note that there are specific rules for notifications of UCITS.
Financial institutions that are authorised in a country outside the EEA must apply for authorisation from Finantsinspektsioon in order to be able to conduct financial activities in Estonia.
Processing fee is a mandatory payment in the amount established by Financial Supervision Authority Act to be made by an applicant or person applying for performance of an act for the review of an application or performance of an act prescribed by this Act by the Supervision Authority.
For payment, please use our account number 162175048, Bank of Estonia.
For payment from abroad,
Please pay to: Deutsche Bank AG, Frankfurt (swift BIC: DEUTDEFF)
Beneficiary: Eesti Pank (Bank of Estonia), Tallinn (swift BIC: EPBEEE2X)
IBAN DE73 5007 0010 0949 7991 00
Reference (information to beneficiary): for further credit to Estonian Financial Supervisor Authority