Agenda Profile: Mart Maastik

Draft law amending the Securities Market Act and, in consequence thereof, amending other laws (588 SE) - first reading

2025-04-08

15th Riigikogu, 5th session, plenary sitting

Political Position
The political position is vehemently opposed to the draft bill (588 SE), as it is considered utterly ridiculous, a complete pseudo-problem, and frankly, heartbreaking. Emphasis is placed on the necessity of dealing with national defense and economic issues, which have been in decline in Estonia for years. This is a value-based position, focusing on competence rather than gender quotas.

4 Speeches Analyzed
Topic Expertise
The speaker demonstrates expertise in corporate law and corporate governance, emphasizing the objective of joint-stock companies (profit generation) and the supervisory board's role in ensuring competence. Technical terms such as "supervisory board of the share issuer" are used, and the importance of knowledge and skills in management is highlighted.

4 Speeches Analyzed
Rhetorical Style
The rhetorical style is combative, critical, and ironic, utilizing strong emotional expressions like "utter nonsense" (or "absurdity") and referencing the context of Heart Month. The speaker presents logical arguments concerning the objectives of company management, but also engages in direct and personal confrontation with Finance Minister Jürgen Ligi.

4 Speeches Analyzed
Activity Patterns
The patterns of activity are limited to active participation during the first reading of the current draft bill, involving the submission of repetitive questions to the Minister of Finance and the delivery of a longer substantive speech. Data is lacking regarding other appearances or the rhythm of participation.

4 Speeches Analyzed
Opposition Stance
The main opponent is the European Union, which is criticized for deviating from economic issues and imposing absurd directives. Domestically, Finance Minister Jürgen Ligi is criticized, with critics questioning his approach and referencing his earlier alleged personal comments about Kaja Kallas. Compromise is ruled out, as a proposal was submitted to reject the draft bill.

4 Speeches Analyzed
Collaboration Style
The style of cooperation is faction-based, submitting a motion on behalf of the Isamaa Party for the rejection of the draft bill, which has been signed by the faction chairman. Furthermore, the necessity of involving other sensible nations to stand against the absurdities of the European Union is emphasized.

4 Speeches Analyzed
Regional Focus
The focus is on national and international issues, highlighting the overall economic downturn in Estonia and the prioritization of national defense in the context of the war. Regional or local topics are not covered.

4 Speeches Analyzed
Economic Views
The economic views are strongly free-market and anti-regulatory, stressing that the primary goal of private enterprises is profit generation and the creation of economic growth. State intervention, particularly through regulating the composition of company boards, is economically detrimental and inefficient.

4 Speeches Analyzed
Social Issues
The discussion of social issues focuses on gender quotas, which are strongly opposed because they do not contribute positively to company management. The speaker also challenges the concept of multiple genders, stressing that, realistically, only male and female exist, and that competence is far more important than gender.

4 Speeches Analyzed
Legislative Focus
The legislative focus centers on the rejection of Draft Bill 588 SE (the Draft Act amending the Securities Market Act), which concerns the transposition of the gender quotas directive. The speaker is an active opponent, having submitted an official proposal for rejection on behalf of the Isamaa parliamentary faction.

4 Speeches Analyzed