Agenda Profile: Rain Epler

Draft law amending the Accounting Act and, as a consequence, amending other laws (516 SE) – first reading

2024-10-22

15th Riigikogu, 4th session, plenary session

Political Position
The political position is strongly opposed to the introduction of additional European Union regulations (specifically, reporting requirements), arguing that these measures are detrimental to competitiveness. The speaker advocates for flexibility and speed, contrasting Estonia with "old and slow Europe." This stance is clearly outcome-driven, prioritizing economic benefit over ideological objectives.

1 Speeches Analyzed
Topic Expertise
The speaker demonstrates knowledge of international financial trends, referencing the shift in attitude among large US banks regarding ESG and their focus shifting back to profitability. Specific terminology is used (e.g., reporting requirements, ESG), and the discussion centers on the impact of regulation on competitiveness. The postponement of reporting requirements targeting non-EU companies is also mentioned.

1 Speeches Analyzed
Rhetorical Style
The rhetorical style is analytical and critical, posing a question to the minister regarding European competitiveness. Logical argumentation is employed, referencing international examples (US banks) and stressing the necessity of greater flexibility. The tone is formal and centers on the economic consequences of political choices.

1 Speeches Analyzed
Activity Patterns
There is too little data.

1 Speeches Analyzed
Opposition Stance
Criticism is aimed at the European Union's rigid and mandatory regulations, which are viewed as ideological and detrimental to competitiveness. Opposition is voiced against the "old and slow Europe" and its regulatory burden. The criticism is policy- and procedure-based.

1 Speeches Analyzed
Collaboration Style
There is too little data.

1 Speeches Analyzed
Regional Focus
The focus is on international issues (EU regulations, US banks) and national ones (Estonian competitiveness). Estonia is viewed as a potential model for flexibility compared to the rest of Europe, aiming to prevent excessive regulation.

1 Speeches Analyzed
Economic Views
The economic views are strongly pro-market and anti-regulation. It is emphasized that companies and banks should focus on making money, rather than promoting ideological and political agendas. Further regulation is considered detrimental to competitiveness both at the Estonian and European levels.

1 Speeches Analyzed
Social Issues
Social issues are addressed indirectly, criticizing the imposition of ideological and political goals (ESG) onto the economy. Specific traditional social topics are not mentioned.

1 Speeches Analyzed
Legislative Focus
The legislative focus centers on the draft amendment to the Accounting Act (Bill 516 SE). The speaker is voicing opposition to the imposition of new mandatory reporting requirements. The preferred approach is to establish a standard without requiring the preparation of a report, thereby increasing flexibility.

1 Speeches Analyzed