The Polish Financial Supervision Authority (KNF) has published a statement to inform that a fine was imposed on Plus Bank SA for violations under the Act of 29 August 1997 of the Banking Law (Banking Act). Specifically, the bank failed to allow entitled and qualified persons to perform activities mentioned in Article 133, Subpoint 2 of the Banking Law (bank supervision). This violated Article 139 Point 1 Subpoint 2 of this Law.
The amount of the fine is PLN 150,000.
Other Features
assessment
banks
penalties
Date Published: 2023-11-16
Regulatory Framework: Act of 29 August 1997 Banking Law
Regulatory Type: information
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