KNF: financial markets after Brexit
The Polish Financial Supervision Authority has published its statement on the impending withdrawal of the United Kingdom from the European Union (Brexit) with regard to financial markets.
KNF emphasises that clients may expect their financial service providers to provide details on matters such as the implications of the UK’s withdrawal from the EU, the measures undertaken by the relevant entity, as well as clients’ contractual and statutory rights in the context of Brexit. That issue was also emphasised in the statements published by the authorities within the European System of Financial Supervision. The KNF expects that the communication with clients will be clear and comprehensible, and that the supervised entities will provide clients with contact addresses for the purpose of further questions.
The Statement is available to download on the portal beinsured.pl.