Market announcement
AS LHV Group
LEI code
529900JG015JC10LED24
Size of the entity
Large group
Economic activities
Financial and Insurance Activities
Industry sector(s)
Credit institution
Country of registered office
Estonia
General information
Categories
Other price sensitive information
Unique data record identifier
8639
Submission date and time
09.03.2021 08:45:00
Content of announcement in Estonian
Title
Kommentaar seoses Finantsinspektsiooni tähelepanekutega LHV Pangale
Message
Finantsinspektsioon on hinnanud LHV Panga rahvusvaheliste finantsvahendajate ärisuuna klientide teenindamisega seonduvaid hoolsusmeetmeid. Järelevalve leidis, et pangal tuleb teatud süsteeme tõhustada. LHV Pank on protsesside parendamiseks juba erinevaid samme astunud: muu hulgas on LHV täiendanud sise-eeskirju ja protseduurireegleid, suurendanud vastavuskontrolliga tegelevate inimeste hulka ning täiendanud Rahapesu andmebüroole teatiste esitamise protseduure. Lisaks täiustab LHV monitooringusüsteeme ning parandab andmete kogumist ja haldamist. "Finantsvahendajatele pangateenuste pakkumine on kiiresti arenev ärisuund, mis vajab pidevat tähelepanu. Meie jaoks on oluline täita kõiki regulatsioonidest tulenevaid nõudeid ja ka järelevalve ootusi. Finantsinspektsiooni tagasiside on meile oluliseks sisendiks ning koostöös saame finantsvahendajate valdkonna protsesse ja protseduure veelgi tõhusamaks muuta," ütles LHV Panga juhatuse esimees Kadri Kiisel. LHV Group on suurim kodumaine finantskontsern ja kapitali pakkuja Eestis. LHV Groupi peamised tütarettevõtted on LHV Pank, LHV Varahaldus ja LHV Kindlustus. LHV-s töötab üle 520 inimese. LHV pangateenuseid kasutab üle 264 000 kliendi ja LHV hallatavatel pensionifondidel on 180 000 aktiivset klienti. LHV Ühendkuningriigi filiaal pakub panganduse taristut enam kui 140 rahvusvahelisele finantsteenuste ettevõttele, mille kaudu jõuavad LHV makseteenused klientideni üle terve maailma. Priit Rum LHV kommunikatsioonijuht Telefon: 502 0786 E-post: [email protected] (mailto:[email protected])
Content of announcement in English
Title
Comment in relation to FSA’s observations regarding LHV Pank
Message
The Estonian Financial Supervision Authority has assessed the due diligence measures of LHV Pank associated with the business line of servicing international financial intermediaries. The supervision authority determined that the bank has to enhance certain systems. LHV Pank has already implemented activities to improve its processes: among other things, LHV has supplemented its internal procedure rules, increased the number of people engaged in compliance and improved the procedures for forwarding notices to the Financial Intelligence Unit. In addition, LHV will enhance its monitoring systems and improve data collection and management. "Offering banking services to financial intermediaries is a fast-growing line of business that requires constant attention. It has been important for us to comply with all the requirements arising from the regulations, as well as supervisory expectations. We take the Financial Supervision Authority's feedback as an important input and in cooperation we can further enhance the processes and procedures regarding financial intermediaries", said Kadri Kiisel, Chairman of the Management Board of LHV Pank. LHV Group is the largest domestic financial group and capital provider in Estonia. LHV Group's key subsidiaries are LHV Pank, LHV Varahaldus, and LHV Kindlustus. LHV employs over 520 people. LHV's banking services are used by 264,000 clients, and pension funds managed by LHV have 180,000 active clients. LHV's UK branch offers banking infrastructure to 140 international financial services companies, via which LHV's payment services reach clients around the world. Priit Rum LHV Communication Manager Phone: +372 502 0786 Email: [email protected] (mailto:[email protected])