Key Regulatory Developments In Poland

PFSA Information on MIFID II ancillary activity exemption

On 30 April 2018 the PFSA has released information on exemption from the application of the MIFID II Directive in relation to the ancillary activity in commodity derivatives, emission allowances or derivatives, where the underlying is emission allowances.

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For further information in Polish, click here

Act implementing AMLD in the Polish domestic regulation

Act of 1 March 2018 of the Money Laundering was published in the Journal of Laws on 12 April 2018. Consequently, the Act will enter into force on 13 July 2018, whereas the provisions concerning Beneficial Ownership will take effect on 13 October 2019. The act is meant to implement AMLD in the Polish domestic regulation. For further information in Polish, click he