Agenda Profile: Riina Sikkut
The Financial Supervision Authority's 2024 Report
2025-09-11
15th Riigikogu, 6th plenary sitting
Political Position
The political stance focuses heavily on financial regulation and consumer protection, particularly within the non-banking credit market. It emphasizes the necessity of additional measures, such as restrictions on nighttime lending, to protect consumers who prioritize the size of the monthly payment over the annual percentage rate (APR). This position is clearly policy-driven, concentrating on mitigating systemic risks and enhancing market performance.
3 Speeches Analyzed
Topic Expertise
The speaker demonstrates profound expertise in financial regulation and credit market issues, citing specific legislative drafts and research. He/She employs technical terminology such as the "Annual Percentage Rate of Charge (APRC)," "positive credit register," and "non-bank credit market," which solidifies his/her authority in the field. His/Her knowledge encompasses the operations of banking, the stock exchange, and non-life insurance.
3 Speeches Analyzed
Rhetorical Style
The rhetorical style is formal, constructive, and respectful, thanking the presenter for the thorough answers and deeming the overview exceptionally interesting. The speech is logical and policy-focused, relying on research and data (e.g., consumer preferences) to justify questions concerning the necessity of additional regulatory measures.
3 Speeches Analyzed
Activity Patterns
The speaker is actively involved in parliamentary committee work, serving as a member of the Finance Committee and regularly participating in its sessions. They reference a specific Tuesday overview of a study concerning the non-bank credit market, highlighting their continuous engagement with financial issues and the oversight of reporting.
3 Speeches Analyzed
Opposition Stance
No data available.
3 Speeches Analyzed
Collaboration Style
The style of cooperation is very positive and constructive, emphasizing good collaboration with the Financial Supervisory Authority in the preparation of draft legislation. He/She also refers to a colleague's (Madis) question, which demonstrates cooperation within the faction or the committee.
3 Speeches Analyzed
Regional Focus
The focus is entirely on national-level financial regulation and legislation, covering the operation of Estonia's banking sector, stock exchange, and credit market.
3 Speeches Analyzed
Economic Views
The economic perspective advocates for robust financial regulation, particularly aimed at protecting consumers within the non-banking credit market. He argues for the necessity of state intervention (such as restricting nighttime lending) to correct market failures where consumers overlook the true cost of credit.
3 Speeches Analyzed
Social Issues
No data available.
3 Speeches Analyzed
Legislative Focus
The legislative focus is clearly on the financial sector, where priorities include the processing of the Credit Union Act and the Credit Information Sharing Act (positive credit register). The speaker is acting as both a supporter and an initiator, planning amendments to the requirements for residential real estate valuation based on input received from the Financial Supervision Authority.
3 Speeches Analyzed