Key Regulatory Developments In Poland - August 24, 2018

PFSA

08/08/2018

The Polish Financial Supervision Authority (PFSA) information on the buffer rate of other systematically important institution

The PFSA based on the Polish Act of August 5, 2015 on Macroprudential Supervision of the Financial System and Crisis Management in the Financial System and having regard to the opinion of Financial Stability Committee (macroprudential authority in Poland) identified one bank as other systematically important institution. On this basis, the PFSA decided about the scope of application of capital buffers for other systematically important institution.

Furthermore, the PFSA confirmed the identification of 10 Polish banks as systemically important institutions.