KNF imposed PLN 11.17 mln worth of fines last year
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In 2014 Polish Financial Supervision Authority (KNF) imposed 59 financial penalties with a total value of PLN 11.17 million. It was the biggest number of fees since KNF was established and 13 more than a year ago.
In 2014 KNF reported 65 warnings with majority of them regardingviolation of the law on capital market, 17 of them regarded using or disclosure of confidential information, 10 regarded doing business in terms of trading financial instruments without license and nine regarded financial instruments manipulations.
