Events listed in [KNF] Polish Financial Supervision Authority
Nałożenie kar pieniężnych na TUiR Allianz Polska SA
ID 23810
The Polish Financial Supervision Authority (KNF) has issued a press release to inform about the imposition of a fine of PLN 139,900 on TUiR Allianz Polska SA for 18 cases of violations of Article 14 of the Act of 22 May 2003 on Compulsory Insurance, Insurance Guarantee Fund and Polish Motor Insurers‘ Bureau. The violations ocurred between 2017 and 2020 and involved the refusal ...
Cofnięcie zezwolenia na prowadzenie działalności maklerskiej przez Athena ...
ID 23809
The Polish Financial Supervision Authority, KNF, has published a press statement to inform that on May 31, 2023, the KNF decided to revoke the authorization of Athena Investments Dom Maklerski SA, a brokerage firm located in Katowice, to conduct brokerage activities in Poland. The revocation will be effective one month from the above noted decision date. The reason for the withdrawal of the authorization ...
Nałożenie kary pieniężnej na URSUS SA w upadłości
ID 23775
The Polish Financial Supervision Authority (KNF) has published a press release to inform that it has fined URSUS SA (in bankruptcy) for breaching Article 56 of the Act on Public Offerings, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies (Act on Public Offerings). Specifically, the company was fined for numerous breaches of this article because of its failure to ...
Zawiadomienia o podejrzeniu manipulacji w obrocie akcjami ManyDev Studio SE, ...
ID 23769
In connection with suspected share manipulation pursuant to Article 15 of the Market Abuse Regulation (MAR), the Polish Financial Supervision Authority (KNF) has issued a press release. Specifically, the KNF informs that it has adopted a resolution to forward to law enforcement agencies and to inform the public of suspected cases of share trade manipulation involving the following four companies which are all listed ...
Nowelizacja Rekomendacji S
ID 23768
The Polish Financial Supervision Authority (KNF) has published a press statement in which it informs of a new resolution (242/2023) on modifications to the KNF’s recommendation S as regards good practices with respect to mortgage-backed credit exposures. Specifically, according to the KNF, recommendation S was modified to – include new provisions for housing loans that are guaranteed by a government program; – include new ...
Publiczne konsultacje dotyczące projektu rozporządzenia delegowanego ...
ID 23756
In view of the recent launch of a consultation on a draft Delegated Regulation adopting a first set of European Sustainability Reporting Standards (ESRS) (please see EventID 21472 in this context for more information), the Polish Financial Supervision Authority, KNF, has published a press statement. In it, **the Authority urges Polish firms to become familiar with the draft regulation and the enclosed new reporting ...
Nałożenie kary pieniężnej na Rockbridge TFI
ID 23747
The Polish Financial Supervision Authority (KNF) has issued a press release to inform of the imposition of a fine on Rockbridge Towarzystwo Funduszy Inwestycyjnych SA (in brief Rockbridge) located in Warsaw in connection with wrong assessments of fund management fees. Specifically, Rockbridge charged the investment fund „Alter Fundusz Inwestycyjny Zamknięty Multi Strategia“ with management fees for investments in other investment funds managed by the ...
Komentarz UKNF do wyroku TSUE w sprawie C-520/21
ID 23741
Following a final decision in case C-520/21 by the Court of Justice of the European Union, the Polish Financial Supervision Authority (KNF) has published a press release in which it expresses strong concerns about the judgement. To recall, case C-520/21 deals, now dealt with the issue of whether or not a mortgage contract concluded between a bank and its customer that is subsequently deemed ...
Nałożenie kar pieniężnych na AgioFunds TFI SA
ID 23671
The Polish Financial Supervision Authority (KNF) has issued a press release to inform of the imposition of two fines on AgioFunds Towarzystwo Funduszy Inwestycyjnych SA in connection with the valuation of certain bonds of the Abelia Capital Closed Investment Fund, a fund managed and administered by AgioFunds SA In detail, the company was fined a total of PLN 3,200,000 for not adequately valuing three ...
Marcin Mikołajczyk w panelu BFG na EKF
ID 23616
During a discussion panel entitled „When America sneezes, will Europe get a runny nose? What impact can the problems of American (regional) banks have on banking in Poland and Europe?“ at the European Financial Congress in Sopot, Mr. Marcin Mikołajczyk, Deputy Chairman of the Polish Financial Supervision Authority (KNF), commented on this issue. Mr. Mikołajczyk emphasized the importance of monitoring global finance and the ...