A practical commentary by attorneys Wojciech Wandzel and Koleta Czapiewska has been published in the LEX Legal Information System. Wojciech Wandzel, attorney-at-law, a partner at KKG Legal, and Koleta Czapiewska, attorney-at-law, a senior associate at KKG Legal, regarding amendments to regulations related to the functioning of the financial market and the protection of its participants.
This publication addresses significant changes resulting from the implementation of EU regulations, including the BRR2 and IPR Directives, covering in particular the introduction of standards for instant transfers in euros, rules governing non-bank entities’ access to payment systems, and modifications to the mechanisms for the compulsory restructuring of financial institutions. The authors also discuss the expansion of the supervisory powers of the Polish Financial Supervision Authority (PFSA) and the National Bank of Poland (NBP), new regulations regarding benchmarks, and the sanctions system.
The publication is available in the LEX Legal Information System through the following link.