Estonia’s Financial Supervision Authority (Finantsinspektsioon) hosted the Supervisory Board of Europe’s Single Supervisory Mechanism (SSM) for a strategy retreat in Tallinn focused on how to make banking supervision more risk-based, efficient and effective, including the SSM’s programme to transform supervisory culture. The 9–10 October retreat brought together heads and senior staff from banking supervisors across the euro area and also covered regulatory simplification and issues relating to crypto companies. Finantsinspektsioon’s chair Kilvar Kessler described risk-based supervision as identifying the most important financial market risks and concentrating supervisory effort on those priorities, and positioned Estonia’s approach as relevant input to the SSM’s reform agenda.
Finantsinspektsioon 2025-10-14
Estonia's Finantsinspektsioon hosts SSM Supervisory Board strategy retreat on risk-based supervision and cultural reform
Estonia’s Financial Supervision Authority (Finantsinspektsioon) hosted Europe’s Single Supervisory Mechanism (SSM) Supervisory Board for a strategy retreat in Tallinn to enhance risk-based banking supervision and transform supervisory culture. The retreat, held on 9–10 October, included discussions on regulatory simplification and crypto company issues. Finantsinspektsioon’s chair, Kilvar Kessler, emphasized Estonia’s approach as a valuable contribution to the SSM’s reform agenda.