News

2002.19

Finantsinspektsioon explains the information published in the media about Swedbank

Finantsinspektsioon explains the information published today in the media about suspicious money that has moved through companies of the Swedbank group. This information is the opinion of media publications and to the best of our knowledge the law enforcement authorities have not provided their assessment to this information.

1902.19

News

The EBA has opened an investigation into the Estonian and Danish financial supervisory authorities

The European Banking Authority (EBA) has informed Finantsinspektsioon that it has started a formal investigation into the Estonian and Danish financial supervisory authorities concerning their supervisory work over Danske Bank. This follows after preliminary inquiries into the supervisory institutions in both Estonia and Denmark.

1902.19

News

Finantsinspektsioon has issued a precept requiring Danske bank to terminate its activities in Estonia

The management board of Finantsinspektsioon issued a precept to Danske Bank on 19 February 2019 prohibiting the branch of the bank from operating in Estonia. The bank must cease its activities in Estonia within eight months from receipt of the precept, and it must consider the interests of its current customers in doing so.

3101.19

News from the EU financial supervisors

Statement regarding Nordic-Baltic financial crisis simulation, January 2019

The Nordic and Baltic financial stability authorities have conducted a joint financial crisis management exercise. The exercise was held from 22 to 23 January 2019 and involved 31 authorities from Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden as well as relevant European Union authorities. A staff member of the International Monetary Fund observed the simulation.

3001.19

News

Response to the Report on the Danish FSA’s supervision of Danske Bank

Response by Finantsinspektsioon of Estonia to the English summary of the Report on the Danish FSA’s supervision of Danske Bank concerning money laundering through the bank branch in Estonia.

0701.19

News

The Supervisory Board approved the Finantsinspektsioon strategy for the years ahead

On 10 December 2018 The Supervisory Board of Finantsinspektsioon has approved the supervisory strategy for the years 2019-2021 and approved the budget for 2019 for Finantsinspektsioon.