![]() To manage a small fund, the fund manager should apply for an operating licence as a small fund manager or register its activities with Finantsinspektsioon. Operating licences are also needed by fund managers that want to manage euro funds and large-scale alternative investment funds. The law requires public investment funds, including pension funds, to have an operating licence as a fund manager, and this is issued by Finantsinspektsioon. The operations of fund managers are regulated by the Investment Funds Act. A management company may manage several funds. Fund management means managing the issuance of a fund’s shares or units, deciding the investment of the fund’s assets, keeping accounts of the fund’s assets, and conducting other operations directly related to these activities. The operating form for a fund managerĪ fund management company is a business whose main work is to manage investment funds or securities portfolios. fund management services within the meaning of the Investment Funds Act for funds whose assets it does not manage.Ī licence is needed to operate as a fund manager, and this is issued and can be withdrawn by Finantsinspektsioon.holding fund units or shares for clients.managing a securities portfolio within the meaning of the Securities Markets Act.Alongside fund management, the management company may provide the following services: The main and permanent work of a fund management company is to manage the assets of a fund established as a company or a contractual fund. Supervisory policy to facilitate innovation in the financial sector.International guidelines and opinions on the prevention of money laundering.Money laundering prevention and implementation of financial sanctions guidelines and legislation in Estonia and in European Union.Prevention of money laundering in general.Rahapesu- ja terrorismi rahastamise tõkestamise poliitika.Combating money laundering and implementation of financial sanctions.Financial supervision institutions around the world.The European Systemic Risk Board (ESRB).The Joint Committee of the European Supervisory Authorities.The European Securities and Markets Authority (ESMA).The European Insurance and Occupational Pensions Authority (EIOPA).When should I contact Finantsinspektsioon?.Guidlines and notes concerning payment services.Identity codes of the international account numbers of payment institutions and e-money institutions.Operating licences for payment institutions and e-money institutions.Applying for an operating licence in payment services.Quarterly reviews of the payment services sector.Aggregated data of payment service providers.Review of the payment services market and statistics.General Good for providers of cross-border insurance mediation services.General Good for providers of cross-border insurance services. ![]() #Contract forms for mma manager registration#Registration of insurance intermediaries.The operating licence for an insurance companies.Quarterly reviews of the life insurance sector.Quarterly reviews of the non-life insurance sector. ![]() Review of the insurance market and statistics.The operating licence for an investment firm.Registering the conditions of investment and pension funds.The operating licence for a fund manager.Prospectus proceedings in Finantsinspektsioon.General Good for providers of cross-border investment services.Quarterly reviews of the investment and pension fund sector.Quarterly reviews of the investment firm sector.Quarterly reviews of the fund management sector. ![]() Aggregated data of fund management companies, investment funds and investment firms.Review of the investment market and statistics. #Contract forms for mma manager professional#
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