Agenda Profile: Urve Tiidus

Draft law amending the Cooperative Savings and Loan Societies Act and, in connection therewith, amending other laws (671 SE) – first reading

2025-09-09

15th Riigikogu, 6th sitting, plenary session.

Political Position
The political position is skeptical regarding the draft amendment to the Credit Union Act, as it could potentially force even those unions that have operated smoothly for years to cease their activities. The focus is on the justification of the policy and its practical consequences, specifically questioning what warrants such drastic regulation. To strengthen the argument, the positions of the Chancellor of Justice are being utilized.

1 Speeches Analyzed
Topic Expertise
The speaker demonstrates expertise in legislative procedures, referencing the coordination round schedule and the positions of the Chancellor of Justice. He addresses specific details of financial regulation in the context of savings and loan associations. The expertise is also manifested in the demand for specific numerical forecasts (two to three or about ten) regarding the market contraction.

1 Speeches Analyzed
Rhetorical Style
The style of address is formal and interrogative, directed straight at the presenter. The appeal is logical and relies on external authority (the Chancellor of Justice) to cast doubt on the draft bill's projections. The tone is demanding and seeks precision, not emotional impact.

1 Speeches Analyzed
Activity Patterns
The pattern of activity is restricted to posing a detailed question during the first reading of the draft law in the Riigikogu.

1 Speeches Analyzed
Opposition Stance
The opposition is directed at the authors of the bill, calling into question the justification they provided for the new requirements. The criticism is policy-driven, focusing on why cooperatives that have operated without issue should be forced to cease their activities.

1 Speeches Analyzed
Collaboration Style
The collaborative approach is evident in the citation and use of the Chancellor of Justice's positions as the basis for their inquiry, demonstrating a willingness to rely on the analyses provided by independent state institutions. Direct cooperation with other politicians is not mentioned.

1 Speeches Analyzed
Regional Focus
Insufficient data.

1 Speeches Analyzed
Economic Views
Economic perspectives emphasize protecting stable and smoothly operating financial institutions (credit unions) against overly strict new regulations. Concern is expressed regarding excessive market consolidation, which would leave behind only two or three active players.

1 Speeches Analyzed
Social Issues
Insufficient data.

1 Speeches Analyzed
Legislative Focus
The legislative focus centers on the draft amendment to the Credit Union Act (Bill 671 SE). The speaker is acting as a critical questioner of the bill, demanding a precise forecast regarding the number of financial institutions that will meet the new requirements and whether the proposed change is justified.

1 Speeches Analyzed