News

2011.20

News from the EU financial supervisors

Insurance distributors providing cross-border services in the United Kingdom will need new licences when the Brexit transition period ends

Insurance distributors, which means insurers, insurance brokers and insurance agents, operating cross-border in the United Kingdom have been able again from the end of September to apply for a temporary permission to continue operating after the end of the Brexit transition period.

0411.20

Warning: Scam telephone calls are being made in the name of Finantsinspektsioon

Fraudulent telephone calls purporting to be from Finantsinspektsioon were reported this week. The calls come from the number 6970028 and say that an invoice currency exchange has been issued for the person who receives the call, and then offer invoice settlement services.

0610.20

News

Finantsinspektsioon has fined AS Wallester

Finantsinspektsioon fined the payment institution Wallester AS 10,000 euros for not giving Finantsinspektsioon sufficient notice of the appointment of a member of the management board.

0610.20

Finantsinspektsioon: the aim of restructuring loans should be to help the borrower recover their ability to pay

Finantsinspektsioon has issued a memo highlighting to lenders the restructuring measures that should be taken if a borrower has difficulties with repayments. The memo sent to the credit market is intended to explain and clarify the principles of responsible lending and to highlight the importance of working together.

1809.20

News

Meieni OÜ was granted an operating authorisation as a payment institution

Finantsinspektsioon decided on Monday 6 July to issue an authorisation to Meieni OÜ to operate as a payment institution.

1809.20

Adson AS was granted an operating authorisation as a payment institution

Finantsinspektsioon decided on Monday 24 August to issue an authorisation to Adson AS to operate as a payment institution.