The Polish financial market watchdog – KNF will either apply or propose a set of measures increasing flexibility for financial market participants, including investment limits for funds and reporting deadlines for firms.
The Polish Financial Supervision Authority (KNF) will apply „individual” approach to breaching investment limits by funds, adjusting its measures to current market situation. The regulator will also undertake and support measures improving liquidity on the T-bond market.
KNF will seek legal changes extending deadlines for issuers to publish financial reports of hold AGMs. The regulator also wants to ease requirements for information memorandums to facilitate raising capital.
KNF will also offer more flexibility in delivering current reports, meeting capital adequacy ratios, meeting regulatory recommendations.
Brokerages will be offered a half-year delay to implement EBA outsourcing guidelines, KNF also wrote in a publication.
