2301.20
The IMF gave a positive opinion of the work of Finantsinspektsioon
Experts from the International Monetary Fund (IMF) gave a positive opinion of the anti-money laundering work done by Finantsinspektsioon.
News
1012.19
Finantsinspektsioon has fined AS SEB Pank
Finantsinspektsioon fined SEB Pank 2500 euros for failing to meet the requirements in providing financial services. The bank made signing a contract for financial services contingent on ownership of shares in a mandatory pension fund, and by doing so committed a misdemeanour.
1811.19
Finantsinspektsioon has ended its misdemeanour proceedings against Swedbank to support the criminal case against it
Finantsinspektsioon decided to end its misdemeanour case against Swedbank in order to support the ongoing criminal case started by the state prosecutor and to avoid the risk of there being two cases for the same offence.
1811.19
The European Banking Authority (EBA) consultation concerning Technical Standards on passport notification
The European Banking Authority (EBA) published 13 November 2019 a Consultation Paper on the draft amended Regulatory Technical Standards (RTS) and Implementing Technical Standards (ITS) on passport notification.
1511.19
Finantsinspektsioon's explanations of the information published today by SEB Pank
By law, every bank must report transactions that raise suspicions of money laundering to the Financial Intelligence Unit, which then has the legal authority to assess the transactions in greater detail and decide what steps to take next.
2910.19
Finantsinspektsioon of Estonia opened sanctioning case with regard to Swedbank AS
On 28 October 2019, Finantsinspektsioon decided to open a misdemeanour case at Swedbank AS, an Estonian subsidiary of the Swedish banking group.