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 corporate action
Unique data record identifier
9577
Submission date and time
17.05.2022 18:20:00
Content of announcement in Estonian
Title
AS LHV Group sai Finantsinspektsioonilt heakskiidu finantsvaldusettevõtjana tegutsemiseks
Message
Finantsinspektsiooni juhatus otsustas anda AS-ile LHV Group emaettevõttena tegutseva finantsvaldusettevõtja tegutsemise heakskiidu. LHV Group on valdusettevõte, mille tütarettevõteteks on nii krediidiasutus, varahaldusettevõte kui ka kahjukindlustusselts. Lisaks on LHV Group asutamas uut panka Ühendkuningriigis. Heakskiidu taotlemise vajadus tulenes krediidiasutuste seaduse muudatusest ning heakskiidu andmisega ei kaasne muudatusi LHV Groupi ja tütarettevõtete tegevuses ega juhtimises. Ka varasemalt on LHV Groupi osas konsolideeritud tasemel järelevalvet teostanud Finantsinspektsioon. Priit Rum LHV kommunikatsioonijuht Telefon: 502 0786 E-post: [email protected] (mailto:[email protected])
Content of announcement in English
Title
AS LHV Group received approval from the Estonian FSA to operate as a financial holding company
Message
The management board of the Estonian Financial Supervision and Resolution Authority decided to approve AS LHV Group as a parent company operating as a financial holding company. LHV Group is a holding company whose subsidiaries include a credit institution, an asset management company and a non-life insurance company. In addition, LHV Group is establishing a new bank in the United Kingdom. The need to apply for approval arose from the amendment to the Credit Institutions Act and the granting of the approval does not entail any changes in the activities or management of LHV Group nor its subsidiaries. The Estonian FSA has also previously exercised supervision over LHV Group on a consolidated basis. Priit Rum Communication Manager Phone: +372 502 786 Email: [email protected] (mailto:[email protected])