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Financial Supervisory Authority Of Estonia
The Estonian Financial Supervisory Authority (FI) (Estonian: ''Finantsinspektsioon'') is the financial supervision and crisis resolution authority of the government of Estonia, responsible for the regulation of financial markets in Estonia. It works on behalf of the state of Estonia and is independent in its decision-making. The supervisory activities of Finantsinspektsioon are divided between capital supervision and the supervision of markets and services. In June 2006, Andres Palumaa was in charge when Andrey Kozlov warned him of a massive money laundering network involving two Estonian banks SEB Eesti Ühispank and Sampo Pank, corrupt FSB, and persons close to Vladimir Putin.Staff (13 November 2006)Murdered Central Russian Banker's Visit to Estonia Retrieved 22 December 2020. Raul Malmstein was Estonia's chief Financial Officer. A very large amount of money had transited accounts with funds from the Nord Stream 1 project which to finance the building of a pipeline from Vybo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Estonia
Estonia, formally the Republic of Estonia, is a country by the Baltic Sea in Northern Europe. It is bordered to the north by the Gulf of Finland across from Finland, to the west by the sea across from Sweden, to the south by Latvia, and to the east by Lake Peipus and Russia. The territory of Estonia consists of the mainland, the larger islands of Saaremaa and Hiiumaa, and over 2,200 other islands and islets on the eastern coast of the Baltic Sea, covering a total area of . The capital city Tallinn and Tartu are the two largest urban areas of the country. The Estonian language is the autochthonous and the official language of Estonia; it is the first language of the majority of its population, as well as the world's second most spoken Finnic language. The land of what is now modern Estonia has been inhabited by '' Homo sapiens'' since at least 9,000 BC. The medieval indigenous population of Estonia was one of the last " pagan" civilisations in Europe to adopt Ch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nord Stream 1
Nord Stream (German-English mixed expression; german: Nord and en, Stream, literally 'North Stream'; russian: Северный поток, ''Severny potok'') is a pair of offshore natural gas pipelines in Europe that run under the Baltic Sea from Russia to Germany. It comprises the Nord Stream 1 (NS1) pipeline running from Vyborg in northwestern Russia, near Finland, and the Nord Stream 2 (NS2) pipeline running from Ust-Luga in northwestern Russia near Estonia. Both pipelines run to Lubmin in the northeastern German state of Mecklenburg-Vorpommern. Each pipeline comprises two pipes, denoted A and B, each of the four pipes being approximately long and with approximate diameters of . The combined capacity of the four pipes is of natural gas. The name "Nord Stream" sometimes refers to a larger pipeline network that includes the feeding onshore pipeline in Russia and additional connections in Western Europe. These Nord Stream projects have faced opposition from some Central and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Estonia
Bank of Estonia ( et, Eesti Pank) is the central bank of Estonia as well as a member of the Eurosystem organisation of euro area central banks. The Bank of Estonia also belongs to the European System of Central Banks. Until 2010, the bank issued the former Estonian currency, the kroon. The Governor of the Bank of Estonia, currently Madis Müller, is a member of the Governing Council of the European Central Bank. TALIBOR Prior to the introduction of the euro, TALIBOR or the Tallinn Interbank Offered Rate was a daily reference rate based on the interest rates at which banks offer to lend ''unsecured'' funds to other banks in the Estonian wholesale money market (or interbank market in Estonian kroons). TALIBOR was published daily by the Bank of Estonia, together with TALIBID (Tallinn Interbank Bid Rate). TALIBOR was calculated based on the quotes for different maturities provided by reference banks at about 11.00 am each business day by disregarding highest and lowest qu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Estonia
The economy of Estonia is an advanced economy and the country is a member of the European Union and of the eurozone. Estonia's economy is heavily influenced by developments in the Finnish and Swedish economies. Overview Before the Second World War, Estonia's economy was based on agriculture, but there was a significant knowledge sector, with the university city of Tartu known for scientific contributions, and a growing industrial sector, similar to that of neighbouring Finland. Products, such as butter, milk, and cheese were widely known in the west European markets. The main markets were Germany and the United Kingdom, and only 3% of all commerce was with the neighbouring USSR. Estonia and Finland had a relatively similar standard of living. The USSR's occupation and annexation of Estonia in 1940 and the ensuing Nazi German and Stalinist Soviet destruction during World War II crippled the Estonian economy. The subsequent Soviet occupation and post-war Sovietization of life cont ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Single Supervisory Mechanism
The Single Supervisory Mechanism (SSM) is the first pillar of the European banking union and is the legislative and institutional framework that grants the European Central Bank (ECB) a leading supervisory role over banks in the EU. The ECB directly supervises the larger banks while it does it indirectly for the smaller ones. Eurozone countries are required to participate, while participation is voluntary for non-eurozone EU member states. In October 2020, two non-Eurozone countries joined the European banking supervision mechanism through a process known as close cooperation: Bulgaria and Croatia. As of early 2021, the SSM directly supervises 115 banks across the Union, representing almost 82% of banking assets of these countries. The SSM, along with the Single Resolution Mechanism are the two central components of the European banking union. Genesis The question of supervising the European banking system arose long before the financial crisis of 2007-2008. Shortly after t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Raiffeisen Zentralbank
Raiffeisen Zentralbank Österreich A.G. was the central institution of the Raiffeisen Banking Group Austria (RBG). The central bank was merged with its subsidiary Raiffeisen Bank International in 2017. It functions as the group centre for the entire RZB Group, of which the listed company Raiffeisen Bank International AG (RBI) with its banking network in Central and Eastern Europe (CEE) is the largest member. It has subsidiaries in, amongst others: Ukraine, Hungary, Czech Republic, Romania, Kosovo, Albania, Bulgaria, Serbia, Bosnia-Herzegovina, Croatia, and Switzerland. The largest of these subsidiaries by far is Raiffeisenbank (Russia) which accounts for 74 percent of the company's pretax profit. The RZB Group is the third largest Austrian bank. As of end-2010, the balance sheet total of the RZB Group amounted to 136.5 billion euros. RZB has several specialised subsidiaries. Raiffeisen Zentralbank Österreich AG is a member of (Austrian Raiffeisen Association), which amongst ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alexander Bortnikov
Alexander Vasilyevich Bortnikov (russian: Алексaндр Васильевич Бoртников; born 15 November 1951) is a Russian intelligence officer who has served as the Director of the Federal Security Service, director of the Russian Federal Security Service (FSB) since 2008. He is one of the most powerful members of the ''siloviki, silovik'' faction of president Vladimir Putin's inner circle. A Hero of the Russian Federation since 2019, he also holds the rank of Army general (Russia), General of the Army, the highest grade in use in the Russian military. Early life and career Bortnikov was born in Perm, Russia, Molotov, Russian Soviet Federative Socialist Republic, Russian SFSR, Soviet Union (now Perm, Russia) in 1951. In 1966 he joined Komsomol, the Communist Party's youth wing. He graduated from the Petersburg State Transport University, Leningrad Institute of Railway Engineers in 1973, joining the Communist Party of the Soviet Union, Communist Party nearly immedia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Natalia Morar
Natalia Morari ( ro, Natalia Morari, russian: Наталья Григорьевна Морарь; born 12 January 1984 in Kotovsk, Moldavian SSR) is a Moldovan investigative journalist for the Russian magazine '' New Times''. She was a permanent resident of Russia until she was expelled in December 2007, presumably for exposing corruption in Russia. Born in Moldova, she moved to Russia in 2002 to study sociology at the Moscow State University, which she graduated in 2007. Morari applied for Russian citizenship, which she was supposed to get in April 2008, but the citizenship was denied citing national security reasons. She has a son named Rem, who was born on 12 April 2021. Investigations In May 2007, Morari broke open the story about a money laundering case involving Austria's Raiffeisen Zentralbank and several top Putin's administration officials, including FSB Deputy Head Alexander Bortnikov. According to her, top Russian Central Bank official Andrei Kozlov had been murdere ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Germany
Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated between the Baltic and North seas to the north, and the Alps to the south; it covers an area of , with a population of almost 84 million within its 16 constituent states. Germany borders Denmark to the north, Poland and the Czech Republic to the east, Austria and Switzerland to the south, and France, Luxembourg, Belgium, and the Netherlands to the west. The nation's capital and most populous city is Berlin and its financial centre is Frankfurt; the largest urban area is the Ruhr. Various Germanic tribes have inhabited the northern parts of modern Germany since classical antiquity. A region named Germania was documented before AD 100. In 962, the Kingdom of Germany formed the bulk of the Holy Roman Empire. During the 16th ce ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Greifswald
Greifswald (), officially the University and Hanseatic City of Greifswald (german: Universitäts- und Hansestadt Greifswald, Low German: ''Griepswoold'') is the fourth-largest city in the German state of Mecklenburg-Western Pomerania after Rostock, Schwerin and Neubrandenburg. In 2021 it surpassed Stralsund for the first time, and became the largest city in the Pomeranian part of the state. It sits on the River Ryck, at its mouth into the Danish Wiek (''Dänische Wiek''), a sub-bay of the Bay of Greifswald (''Greifswalder Bodden''), which is itself a sub-bay of the Bay of Pomerania (''Pommersche Bucht'') of the Baltic Sea. It is the seat of the district of Western Pomerania-Greifswald, and is located roughly in the middle between the two largest Pomeranian islands of Rugia (''Rügen'') and Usedom. The closest larger cities are Stralsund, Rostock, Szczecin and Schwerin. It lies west of the River Zarow, the historical cultural and linguistic boundary between West (west of the r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lubmin
Lubmin () is a coastal resort in the German state of Mecklenburg-Vorpommern. Lubmin is situated near Greifswald and on the Bay of Greifswald. Apart from tourism, Lubmin is a major transport and industry hub and investment location in the German energy sector. Both the Nord Stream 1 gas pipeline from Russia (by ''Gazprom'' and '' E.ON'') and several power plants (by '' Ørsted A/S'' and ''EnBW'') are under construction. Moreover, Lubmin is the administrative seat of ''Amt Lubmin'', to which nine other municipalities belong. Geographical location To the north of Lubmin lies the Bay of Greifswald. The northeast edge of the municipality consists of the Struck peninsula which is bounded by the mouth of the Peenestrom delta. The seaside resort has a kilometer-long sand beach and is largely covered by pine woods. Neighbouring municipalities Lubmin's immediate neighbouring municipalities are Kröslin and Rubenow to the southeast, Wusterhusen to the south and Brünzow to the southwest ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vyborg, Russia
Vyborg (; rus, Вы́борг, links=1, r=Výborg, p=ˈvɨbərk; fi, Viipuri ; sv, Viborg ; german: Wiborg ) is a town in, and the administrative center of, Vyborgsky District in Leningrad Oblast, Russia. It lies on the Karelian Isthmus near the head of the Vyborg Bay, to the northwest of St. Petersburg, east of the Finnish capital Helsinki, and south of Russia's border with Finland, where the Saimaa Canal enters the Gulf of Finland. The population of Vyborg is as follows: Located in the boundary zone between the East Slavic/Russian and Finnish worlds, formerly well known as one of the few medieval towns in Finland, Vyborg has changed hands several times in history, most recently in 1944 when the Soviet Union captured it from Finland during World War II. Finland evacuated the entire population of the city and resettled them within the rest of the country. On March 25, 2010, Dmitry Medvedev named Vyborg the "City of Military Glory". In Russia, a city can be awarde ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
