News

1304.22

Finantsinspektsioon has withdrawn the authorisation as a creditor from OÜ Nemm Auto and the authorisation as a credit intermediary from Laenuvahendaja OÜ

On 11 April Finantsinspektsioon withdrew the authorisation as a creditor issued on 15 February 2016 to OÜ Nemm Auto and the authorisation as a credit intermediary issued on 7 December 2020 to Laenuvahendaja OÜ. The authorisations were withdrawn at the application of the companies themselves.

1204.22

Cresco Väärtpaberid has been fined 30 000 euro

Finantsinspektsioon has fined Cresco Väärtpaberid (registry code 10093327) a total of 30,000 euros for two misdemeanours. The company did not release its annual reports for 2019 and 2020, its proposals and decisions on profit distribution or loss coverage, or the sworn auditor’s reports, or submit them to Finantsinspektsioon on time.

1503.22

Finantsinspektsioon has taken GFC Good Finance Company AS to court

The Tallinn Administrative Court ruled today that Finantsinspektsioon had the right to withdraw the authorisation from GFC Good Finance Company AS on 27 May 2019 and to make this information public.

1103.22

Finantsinspektsioon has banned KIT Finance Estonia from entering business relations with new clients

Finantsinspektsioon has prohibited AS KIT Finance Europe (registry code 11058103) from onboarding new clients and from providing investment services and services auxiliary to investment services to potential new clients.

0703.22

Finantsinspektsioon has fined Admiral Markets AS

Finantsinspektsioon fined Admiral Markets AS (registry code 10932555) 20,000 euros for a misdemeanour, as the company had breached its obligation to provide notification to the trade repository.

0703.22

Finantsinspektsioon has withdrawn the authorisation from Aare Autopood OÜ

On 3 March Finantsinspektsioon withdrew the authorisation as a creditor issued on 16 January 2017 to Aare Autopood OÜ. The authorisation was withdrawn following an application from the company itself.