Firms should expect continued emphasis on sound governance, operational resilience, and transparent supervisory engagement.
Estonia
Estonia’s proposal to introduce AI ID Codes is being presented as the answer to critical compliance questions around accountability.
With a dozen applications in process, the Estonian FSA granted Lightspark Payment Europe a CASP license and e-money institution authorization.
The Nordic-Baltic region’s highly integrated, digitally savvy environment grounds itself in dialogue and collaboration – and presents demanding roles for compliance professionals.
Estonia, Latvia, and Lithuania are quickly becoming a home for some of the world’s most innovative fintech companies.
Similarly to the Nordic countries, the rise in complaints is a result of a wave of fraudulent activities.
A new survey by Estonia’s FSA finds the majority of financial sector players using or piloting AI solutions, and sheds light on some key risks.
Global operation targeted phishing, information theft and ransomware attacks.