Agenda Profile: Maris Lauri
Second reading of the Draft Act on Amendments to the Financial Supervision Authority Act and Other Acts (422 SE)
2024-09-11
Fifteenth Riigikogu, fourth session, plenary session
Political Position
The political position strongly supports the adoption of the European Union's digital operational resilience requirements for financial institutions, emphasizing the necessity of reducing the risks of cyber attacks and technical failures. The focus is politically aimed at enhancing the stability of the financial sector and increasing the protection of financial service clients and investors. The framing of the draft legislation is clearly policy- and regulation-based.
1 Speeches Analyzed
Topic Expertise
The speaker demonstrates expertise in financial regulation and procedural processes, thoroughly explaining the content and objectives of the European Union's digital operational resilience requirements. Technical terms are employed, such as "digital operational resilience requirements," "cyberattacks," and "information and financial assets." Furthermore, a precise overview is provided regarding the nature of the proposed amendments (specifically, clarification of the effective date and references).
1 Speeches Analyzed
Rhetorical Style
The rhetorical style is formal, fact-based, and focuses on procedural explanation, which is typical for the rapporteur of the finance committee. The tone is neutral and logical, concentrating on conveying the details of the committee's work, schedule, and consensus decisions. The speaker briefly apologizes for a technical error present in the materials.
1 Speeches Analyzed
Activity Patterns
The patterns of activity demonstrate active participation in the work of the Finance Committee, referencing specific sessions (June 11 and this Monday) and the leadership in managing the bill's procedure. The speaker is actively managing the legislative schedule, proposing a date for the third reading and the final vote.
1 Speeches Analyzed
Opposition Stance
There is no opposition because no amendments were received from the Riigikogu, and market participants found that the issues have been resolved appropriately. The criticism is directed only at a technical error found in the draft materials, not at the substance of the matter.
1 Speeches Analyzed
Collaboration Style
The style of cooperation is consensual and inclusive, emphasizing that all procedural decisions and the consideration of proposed amendments took place in the Finance Committee "by consensus." The reaching out to market participants for their opinions was also noted, which demonstrates an openness to engagement.
1 Speeches Analyzed
Regional Focus
There is no regional focus; the emphasis is placed on transposing international (European Union) requirements into Estonian law and on the national regulation of the financial sector.
1 Speeches Analyzed
Economic Views
Economic perspectives support strengthening financial sector regulation through digital operational resilience requirements in order to protect the interests of clients and investors. The objective is to ensure the continuity of business processes within financial institutions and mitigate technical risks.
1 Speeches Analyzed
Social Issues
There is insufficient data.
1 Speeches Analyzed
Legislative Focus
The legislative focus is currently on the Draft Act on Amendments to the Financial Supervision Authority Act and other acts (Bill 422 SE), which aims to transpose the EU's requirements for digital operational resilience. The speaker supports the bill and is managing its proceedings, concentrating on resolving technical and linguistic issues before the third reading.
1 Speeches Analyzed