Polish Financial Supervision Authority supervises the financial services industry in Poland (i.e. credit institutions, insurance firms, investment companies, exchanges, pension scheme, payment institutions as well as financial conglomerates. Scope and rules of this supervision are set in the Act of 21 July 2006 on supervision of the financial market.
The aim of financial market supervision is to ensure regular operation of this market, its stability, security and transparency, confidence in the financial market, as well as to ensure that the interests of market actors are protected.
Composition of the KNF:
- 2 Vice-Chairmen
- 4 othermembers:
- Representative of the Minister of Finance,
- Representative of the Minister of Labourand Social Policy,
- Representative of the National Bank of Poland,
- Representative of the President of the Republic of Poland.
More information on supervision of the financial market you can find on the website of the Polish Financial Supervision Authority (link opens a new window in another website) and in the Act on supervision of the financial market (link opens a new window in another website).