Maximus
Gene Zolotarev on how to destabilize the EU financial system. Andris Berzins
Vladimir Linderman aka Abel Edmunds Sprudzs Valdis Zatlers Aivars Lembergs Girts Valdis Kristovskis Maris Grinblats Guntars Krasts Alfreds Rubiks Sandra Kalniete Raivis Dzintars Algirdas Butkevicius Algirdas Paleckis Dalia Grybauskaite Kazimira Danute Prunskene Vytautas Landsbergis Rolandas Aksas Viktor Uspaskich Valdemar Tomasevski Leonidas Donskis Arturas Zuokas Edgar Savisaar Andrus Ansip
The current website developed by YWSolution Limited

Banks to face larger fines

Jan 08, 2014
From wire report

TALLINN - Estonian Justice Minister Hanno Pevkur agrees that the punishment rates for Estonian financial sector misdemeanors are too small, and said that the new maximum fine rate will be 400,000 euros, reports Public Broadcasting. Estonian outgoing Financial Supervision Authority director general Raul Malmstein said in an interview to Postimees that the punishment rates in the financial sector are the lowest in Europe – the biggest possible punishment against a bank is 32,000 euros. ...

The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please log on using the form on the top of the page. If you do not have a membership yet - please subscribe
 MORE NEWS
  • New shale gas exploration in ...
    VILNIUS - A new tender for shale gas exploration and production in the Silute-Taur...
  • Certes Industry SIA wins Germa...
    RIGA - On March 27, 2014 the innovative Latvian company Certes Industry SIA was aw...
  • TeliaSonera continues cooperat...
    RIGA - TeliaSonera has announced that it is to continue its support to SSE Riga by...
  • CAF turns to European Commissi...
    RIGA - The Spanish train manufacturer “Construcciones y Auxiliar de Ferro...
  • Is jail time enough for Mukhta...
    Because of great events in the great politics, one small, highly ambitious man ...
  • The future lies in biofuel tkt...
    Fortum is currently building the world’s biggest biofuel-fired combined p...
  • Riga Apartments for Rent

    Maximus
    © 2014 BALTIC NEWS LTD. All Rights Reserved.