
On January 13 January the Financial Inspectorate revoked the license to provide credit and mortgage services to
Kinnistulaen OÜ. Chief Finance Inspector Kilwar Kessler. Photo: Mihkel Maripuu
On January 13 January the Financial Inspectorate revoked the license to provide credit and mortgage services
to Kinnistulaen OÜ.
The decision was adopted in cause of multiple violations of the company’s regulatory acts. Kinnistulaen OÜ has repeatedly failed to respond to inquiries financial inspection, has not conducted internal controls for several years, and also has not submitted annual reports by the determined due deadlines. In addition, the inspection assessed that the manager of the company does not have an impeccable business reputation.
Now Kinnistulaen OÜ is not authorized to provide services requiring the licenseofalenderoramortgagelender.