Events listed in [KNF] Polish Financial Supervision Authority
Złożenie przez Plus Bank SA wniosku o ponowne rozpatrzenie sprawy
ID 26264
Following a decision to impose a fine on Plus Bank SA (see eventid=23872) for failing to allow authorized and qualified persons perform supervision activities, the company has filed an application to have its case reconsidered by the KNF. To recall, on 27 October 2023, KNF imposed a fine of PLN 150,000 on Plus Bank SA for violations under the Act of 29 August 1997 ...
Umowa leasingu konsumenckiego, a wpis do rejestru instytucji pożyczkowych
ID 26174
Starting from 1 January 2024, the activities of lending institutions in the field of granting consumer loans will be subject to the supervision by the Polish KNF. Any leasing contractor, where the customer is obliged to purchase the item mentioned in the contract, shall be defined as a lender. The same applies to contracts independent from leasing contracts. In case the lender falls under ...
Nałożenie kary pieniężnej na Partner TUiR SA
ID 26100
KNF has imposed a fine on Partner Towarzystwo Ubezpieczeń i Reasekuracji SA in the amount of PLN 30.000 for the following: – failure to submit end-of-year and solvency and financial condition reports (SFCR) to KNF for 2020 within 14 weeks of year-end – failure to disclose the financial condition report (SFCR) to KNF for 2020 within 14 weeks of year-end – failure to implement ...
Nałożenie kary pieniężnej na Rockbridge TFI SA
ID 26057
KNF has imposed a fine on Rockbridge Towarzystwo Funduszy Inwestycyjnych SA (hereafter „Towarzystwo“) in the amount of PLN 600.000 for violating the information prospectus of the fund „Rockbridge Fundusz Inwestycyjny Otwarty Parasolowy“ managed by Towarzystwo. The investment fund had exceeded the maximum percentage of a sub-fund’s („Rockbridge Subfundusz Lokata Plus“ – currently „Rockbridge Subfundusz Obligacji Krótkotermi ...
Nowe akty delegowane do Taksonomii
ID 25967
The Polish KNF has announced that the following Regulations have been published: – DelReg (EU) 2023/2486 (see eventid=23915) establishing the technical screening criteria for determining the conditions under which an economic activity qualifies as contributing substantially to the sustainable use and protection of water and marine resources, to the transition to a circular economy, to pollution prevention and control, or to the protection and ...
Aktualizacja i uzupełnienie Q&A dotyczących SFDR
ID 25909
The Polish KNF has posted an update to Q&As with regards to SFDR. Most of the questions stem from supervised entities. In November, 28 some questions have been updated (questions 10 and 15) and new questions have been answered (questions 19 – 28). Question 10 The answer to this question has been updated with a reference to Article 20 (5) and Article 21 (5) ...
Plan działań KNF w zakresie nadzoru publicznego wynikającego z ustawy o biegłych ...
ID 25852
The Polish Financial Supervision Authority (KNF) has issued an action plan for 2024, in which it describes the public oversight arising from the Act on Statutory Auditors, Audit Firms and Public Oversight. That is, it sets out its upcoming supervisory focus pertaining to all issues around the auditing of public companies. The following action points stand in focus for 2024, among others: (1) supervision ...
Nałożenie kary pieniężnej na Plus Bank SA
ID 25831
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 ...
NSA oddalił skargę Investment Friends SE na decyzję KNF
ID 25743
The Polish Financial Supervision Authority (KNF) published a press release to inform that the Supreme Administrative Court has dismissed the appeal of Investment Friends SA concerning a fine of PLN 200,000 which was imposed on the company on 10 September 2019 by the KNF for failing to fulfill its obligation to provide confidential information.
Ostateczna decyzja dot. kar nałożonych na PZU SA
ID 25727
Following the decision of The Polish Financial Supervision Authority (KNF) to impose a fine on Powszechny Zakład Ubezpieczeń SA. in the amount of PLN 546.300 (see eventid=16320), , the KNF has confirmed its position in a final decision.