Watchdog mulls investment limits for banks

The Polish Financial Supervision Authority (KNF) is considering investment limits for banks, the watchdog’s president Andrzej Jakubiak was quoted as saying by the Polish Press Agency. “We want to introduce maximum investment limits regarding banks' own investments on the stock exchange together with the single banking license,” Jakubiak said at a press conference on Monday. He specified that the limit should be set at 5 percent of banks’ assets or 10 percent of their capital requirements. The regulation could be part of a single license for banks that Poland plans to introduce.