Agenda Profile: Madis Kallas
The Financial Supervision Authority's 2024 Report
2025-09-11
15th Riigikogu, 6th plenary sitting
Political Position
The political emphasis is on expanding financial supervision from the institutional level toward individual consumer protection. The speaker supports moderately strong intervention, aiming to leverage the authority of the Financial Supervision Authority to mitigate the problems associated with consumer and quick loans, which affect tens of thousands of Estonians. The framing is results-oriented, asking how a regulatory authority can effectively resolve a social problem.
1 Speeches Analyzed
Topic Expertise
The speaker demonstrates awareness of the Financial Supervisory Authority's primary role in overseeing financial institutions and specifically recognizes the scale of the consumer and quick loan problem in Estonia. Terms such as "the big picture" and "the individual level" are used in the context of financial regulation, emphasizing an understanding of the various facets of the financial world.
1 Speeches Analyzed
Rhetorical Style
The style is polite and constructive, beginning with praise for the presenter and previous speakers for their substantive responses. The tone is formal and focuses on a logical transition from the institutional level to a specific social problem, emphasizing the importance of clarity in communication and the "power of the word."
1 Speeches Analyzed
Activity Patterns
There is too little data.
1 Speeches Analyzed
Opposition Stance
No direct opposition is voiced, but criticism is indirectly aimed at those financial institutions that offer consumer and payday loans in a manner that makes the resulting obligations overly attractive to people and causes significant problems. The necessity for regulatory pressure on these institutions is being emphasized.
1 Speeches Analyzed
Collaboration Style
The collaborative style is highly respectful and consensus-driven, praising the presenter and aligning with the positive assessments of previous speakers. The objective is to establish cooperation with the Financial Supervisory Authority so that their influence can be leveraged for consumer protection purposes.
1 Speeches Analyzed
Regional Focus
The focus is clearly national, emphasizing the scale and impact of the consumer loan problem on tens of thousands of people in Estonia.
1 Speeches Analyzed
Economic Views
Economic perspectives emphasize the need for intervention by a regulatory authority to protect consumers from irresponsible lending. Support is given to directing or restricting the activities of financial institutions in order to mitigate the social problem arising from consumer loans.
1 Speeches Analyzed
Social Issues
The primary social theme is consumer financial vulnerability, highlighting the situation of people in Estonia struggling with consumer and quick loans. This is presented as a widespread social problem that requires resolution through the authority of the Financial Supervisory Authority.
1 Speeches Analyzed
Legislative Focus
The focus is placed on the work and potential influence of the existing regulatory authority (FI), rather than the initiation of new legislation. The priority is the utilization of existing tools (clarity of communication, the power of persuasion) to protect consumers.
1 Speeches Analyzed