KNF revokes FinCrea TFI license and slaps PLN 5 mln fine

Financial Supervision Authority KNF revoked investment fund FinCrea TFI operating license and put a PLN 5 million fine for failing to supervise some of its portfolios. “FinCrea TFI failed to supervise the entity entrusted to manage investment portfolios of FIZAN Agricultural Investments, Selective Investments FIZAN, Vivante FIZAN and Polish Forests FIZAN,” KNF said, adding that…

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