krediidiasutus, kindlustusandja, edasikindlustusandja, fondivalitseja ja investeerimisühing ning eriotstarbeline varakogum kindlustustegevuse seaduse § 3 lõike 4 tähenduses (edaspidi eriotstarbeline varakogum)
a credit institution, an insurance undertaking or an investment firm
Inspektsioon esitab teistele asjasse puutuvatele finantsjärelevalve asutustele teabe, mis on vajalik finantskonglomeraati kuuluva reguleeritud üksuse tegevuse üle täiendava järelevalve teostamiseks või mis on muul viisil finantsjärelevalve asutusele oluline.
Service providers may offer FinTech-based compliance services to regulated entities. Regulated entities themselves remain, however, responsible for meeting their obligations. For example entities subject to customer due diligence requirements under anti-money laundering regulation can not delegate responsibility for meeting these requirements to external service providers.
In order to ensure effective supervision of outsourced functions or activities, it is essential that the supervisory authorities of the outsourcing insurance or reinsurance undertaking have access to all relevant data held by the outsourcing service provider, regardless of whether the latter is a regulated or unregulated entity, as well as the right to conduct on-site inspections.
‘regulated undertaking’ means ‘regulated entity’ within the meaning of Article 2(4) of Directive 2002/87/EC of the European Parliament and of the Council
Regulated firms that outsource activities to a cloud service provider must comply with all legal requirements (e.g. in terms of proper risks management, data protection and appropriate oversight by supervisors).
