Poland wants to lure the European Banking Authority to Warsaw after Brexit

According to financial market regulator KNF head, Marek Chrzanowski, Poland will attempt to bring the European Banking Authority offices to Poland from London, after the UK will leave the European Union. “We will attempt to move the EBA headquarters from London to Warsaw,” Chrzanowski said during a meeting with brokerage houses representatives. The EBA is a regulatory agency of the European Union which activities include conducting stress tests on European banks to increase transparency in the European financial system and identifying weaknesses in banks' capital structures.