Finantsinspektsioonile

The Finantsinspektsioon, also known as the Estonian Financial Supervision Authority, is the independent public authority responsible for the supervision of financial institutions in Estonia. Its primary objective is to ensure the stability and integrity of the Estonian financial market, protecting the interests of consumers and investors. The institution was established in 2001 through the merger of the Estonian Securities Market Commission and the Banking Supervision Authority.

The Finantsinspektsioon oversees a wide range of financial entities, including banks, insurance companies, investment firms, payment institutions, and electronic money institutions. Its supervisory activities encompass licensing, ongoing monitoring, prudential supervision, and enforcement actions. The authority works to ensure that these institutions operate in a sound and prudent manner, comply with relevant laws and regulations, and have adequate risk management systems in place.

Key functions of the Finantsinspektsioon include assessing the financial health and operational capacity of supervised entities, investigating potential breaches of regulations, and imposing sanctions when necessary. It also plays a role in developing and implementing financial sector policies and contributes to international cooperation in financial supervision. The Finantsinspektsioon is an integral part of Estonia's financial regulatory framework, aiming to foster a safe and trustworthy environment for financial services.