Finantsinspektsioon withdrew the operating licence as a payment institution from GFC Good Finance Company AS on 27 May 2019 for serious breaches of the law. Finantsinspektsioon also cancelled its identification code as a payment institution.
Finantsinspektsioon is mapping the landscape of financial innovation in Estonia over the next two weeks, asking market participants for input on possible ways of using financial technology, and the related problems and possible solutions.
Heads of the Nordic and Baltic financial supervisors met today in Stockholm. They agreed on measures to enhance the cooperation between the authorities with the aim of fighting money laundering and terrorist financing.