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Polish consumer protection office sees 12M credit vacations, retail price fixes
UOKiK proposes banks offer retail clients a one-year vacation from cash and mortgage loan payments and that retailers submit to price controls on health care products or other key household products. Read more on beinsured.pl/eng.
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KNF: banks and insurers asked to retain entire profits amid coronavirus epidemic
The Polish financial market regulator - KNF - expects banks and insurers to retain entire profits from prior years amid the ongoing coronavirus epidemic, KNF head Jacek Jastrzebski said. Read more on beinsured.pl/eng.
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MoneyMan data leakage
The President of the Personal Data Protection Office received a personal data breach notification from ID Finance Poland (entity maintaining a lending platform MoneyMan.pl). Read more on beinsured.pl/eng.
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Summary of the supervisory steps taken by the Danish Financial Supervisory Authority towards Gefion Insurance
The Danish Financial Supervisory Authority has not approved Gefion Insurance’s recovery plan and therefore ordered the company to stop writing business. Read more on beinsured.pl/eng.
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