Events listed in Poland
Nadzór nad wypełnianiem obowiązków informacyjnych przez emitentów papierów ...
ID 22322
The Polish Financial Supervision Authority (KNF) has issued a press release to announce that is has published a Report on the financial disclosures of issuers in 2022. The report presents information on the findings of the Authority from its recent review of (financial) disclosures, thereby addressing selected financial reporting issues, to which attention should be drawn when preparing financial statements for subsequent reporting periods. ...
Marcin Mikołajczyk wystąpił podczas Forum Bankowego
ID 22319
Mr. Marcin Mikołajczyk, Deputy Chairman of the Polish Financial Supervision Authority (KNF) responsible for the supervision of the banking sector, held an introductory speech at the recent Banking Forum organized by the Polish Bank Association. The Chairman thereby addressed some key issues currently facing the industry, including the following: (1) Settlements with clients in the case of foreign currency (CHF) denominated loans: In this ...
New papers of the National Working Group for benchmark reform
ID 22301
On March 16, 2023, the National Working Group for the benchmark reform (NWG) has published several documents in connection with the benchmark rate reform and the transition from WIBOR, the Warsaw Interbank Offered Rate, to WIRON, the Warsaw Interest Rate Overnight index. Specifically, the group issued the following four documents: 1. [**Recommendation on the application of the WIRON index in issues of floating-rate debt ...
Złożenie przez Mount TFI SA wniosku o ponowne rozpatrzenie sprawy
ID 22297
Following the decision to impose a fine of PLN 200,000 on Mount Towarzystwo Funduszy Inwestycyjnych SA (Mount TFI SA) in connection with the violation of investment restrictions pertaining to investments in any one issuer on February 10, 2023 (please see EventID 19629 for more information), the Polish Financial Supervision Authority (KNF) has published another press release in this context. Therein, the regulator informs that ...
Ostateczna decyzja ws. GetBack SA
ID 22279
The Polish Financial Supervision Authority (Komisja Nadzoru Finansowego, KNF) has published a press statement to inform that it is upholding its decision to fine Warsaw-based GetBack SA (now CAPITEA SA) as prescribed in the statement and to withdraw the company’s permission to manage securitized receivables in securitization funds. GetBack SA was previously penalized in 2020 due to its engagement in activities in excess of ...
Komunikat ws. decyzji podjętych przez Komisję Nadzoru Finansowego w dniu 10 marca ...
ID 22236
The Polish Financial Supervision Authority (KNF) has published a press release to inform of several decisions that the KNF made at its meeting on March 10, 2023. These include the following, among others: (1) The decision to withdraw the permission of several entities to conduct activities in the field of payment services due to various violations, including the reporting of relevant transaction information. The ...
Nowa wersja metodyki BION dla zakładów ubezpieczeń i zakładów reasekuracji za 2022 ...
ID 22152
The Polish Financial Supervision Authority, KNF, has published an updated version of its annual Supervisory Examination and Evaluation (BION) document which is aimed at insurance and reinsurance undertakings providing them with key information on the KNF’s assessment process and methodology. The document thereby outlines or provides – the key purpose of the BION supervisory examination which is to ensure adequate capital resources and risk ...
W sprawie Altus TFI WSA orzekł na korzyść KNF
ID 22111
The Polish Financial Supervision Authority (KNF) published a press release to inform that the Provincial Administrative Court of Warsaw (WSA) has confirmed the decision of the KNF concerning a fine of PLN 2,375,000 which was imposed on Altus TFI SA by the KNF in 2019. The decision was previously appealed by the company. Specifically, the KNF had imposed such fine due to violations of ...
NSA oddalił skargę XTB SA na decyzję KNF
ID 22090
The Polish Financial Supervision Authority (KNF) published a press release to inform that the Supreme Administrative Court has dismissed the appeal of X-TRADE BROKERS Dom Maklerski SA (currently: XTB SA) concerning a fine of PLN 9,900,000 which was imposed on the company by the KNF for violating – among others – §83a of the Act on Trading in Financial Instruments in 2018. Specifically the ...
Komunikat ws. decyzji podjętych przez Komisję Nadzoru Finansowego w dniu 24 lutego ...
ID 22022
The Polish Financial Supervision Authority (KNF) has published a press release to inform of several decisions that the KNF made at its meeting on February 24, 2023. These include the following, among others: (1) The decision to withdraw the permission of several entities to conduct activities in the field of payment services due to various violations, including the reporting of relevant transaction information. The ...