Locked content TGE plans financial market launch

The Polish Power Exchange (TGE) plans to launch a financial market in the first half of 2015, the Polish Press Agency reports. The bourse’s CEO Ireneusz Łazor was quoted as saying the new market will first offer futures. In March, TGE filed a motion for approval from the Financial Supervision Author...

Locked content Financial watchdog presents bancassurance regulation

The Polish financial regulator has drawn up regulation that prohibits banks from becoming insurers and insurance intermediaries at the same time. KNF’s so called “U” recommendation on good practices in bancassurance is to be implemented at the end of March 2015. Clients of banks are to be clearly in...