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The Financial Inspectorate revoked the license of a credit company

Финансовая инспекция аннулировала лицензию кредитной компании

On January 13 January the Financial Inspectorate revoked the license to provide credit and mortgage services to

Kinnistulaen OÜ. Chief Finance Inspector

Kilwar Kessler. 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.

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