News

0912.25

Research finds that most financial institutions in Estonia are using artificial intelligence

A survey by Finantsinspektsioon has found that most of the financial institutions in Estonia are already using AI and that its importance in providing support for work processes, client service and risk management is increasing rapidly.

0312.25

Finantsinspektsioon is giving the pocket money game as a gift to regional centres

Finantsinspektsioon is giving the regional centres in Estonia the pocket money game as a Christmas present. The game is a simple and fun way of teaching financial literacy and was created jointly by Finantsinspektsioon and the youth information portal Teeviit from the winning entry in a competition to design a board game.

1911.25

Finantsinspektsioon ended a misdemeanour proceeding against Polish issuers

Finantsinspektsioon ended its misdemeanour proceeding against four Polish issuers, ATLANTIS SE (register code 14633855), FON SE (register code 14617916), INVESTMENT FRIENDS SE (register code 14617862) and INVESTMENT FRIENDS CAPITAL SE (register code 14618005). These businesses are registered in Estonia and their shares are traded on the Warsaw exchange.

1111.25

AS BaltCap will continue as a manager of small alternative funds registered with Finantsinspektsioon

Finantsinspektsioon has withdrawn the operating licence as an alternative fund manager from AS BaltCap (register code 11419647). AS BaltCap will continue to operate as a registered manager of small alternative funds.

2910.25

Kerstin Pilt has been chosen as the new head of Finantsinspektsioon

Kerstin Pilt has been chosen to be the new head of Finantsinspektsioon following the public competition for the position announced by the Supervisory Board. Andre Nõmm and Andres Kurgpõld will remain as members of the management board and will be joined by Gerd Laub as a new member.

1410.25

At the banking supervision retreat, Kilvar Kessler stated that financial oversight must be risk-based and efficient

Finantsinspektsioon hosted a strategy retreat of the Supervisory Board of Europe’s Single Supervisory Mechanism (SSM), where participants discussed how to make supervision more risk-based, efficient and effective.