By Plenary Sessions: Aivar Sõerd

The lack of direct political opposition or criticism aimed at other parties stems from the fact that the commission's decisions were largely based on consensus. The Estonian Association of Real Estate Companies did raise a challenge concerning the statistical models used for collateral valuation. However, this was resolved not through confrontation, but via a meeting between the Ministry of Finance and the association, followed by the inclusion of an explanatory memorandum.

The criticism is aimed at the investment policy of the management of the Bank of Estonia, specifically concerning the undervaluation of gold and the inadequate hedging of risks associated with dollar-denominated assets. The opposition is based on both policy and performance, emphasizing that gold has provided significantly better returns than other assets.