POL GVT Financial Instruments Trading

Published on: Jul 15, 2025

On Jul. 10, POL GVT amended the financial instruments' trading act.

  • POL GVT published Act of Jun. 24, 2025 amending the Act of Jul. 29, 2005 on Trading in Financial Instruments, (OG 2024, items 722 and 1863, OG 2025, items 146, 820).
  • Follows POL GVT Apr. 2024 consolidated financial instruments trading act, #209660.
  • Main Points
  • In the exceptions under art 19, para 1, pt 2, the text aa is added re threshold of gross proceeds for the issuers after a public offer of securities; addition of paras 1a and 1b.
  • Re amounts expressed in euro that shall be understood as the equivalent of this amount expressed in Polish currency, determined by the average euro exchange rate.
  • Announced by POL CB on the date of setting the issue or selling price of the securities.
  • Effectiveness
  • The Act enters into force 14 days after its publication, on Jul. 24, 2025.
Regulators
POL GVT
Entity Types
B/D; Bank; Depo; Exch; HF; IA; Ins; Inv Co
Reference
OG Poz. 923, 7/10/2025; Act 6/24/2025; Act 7/29/2005
Functions
Compliance; Environment; Financial; Legal; Operations; Registration/Licensing; Reinsurance; Reporting; Risk; Technology; Treasury
Countries
Poland
Category
State
N/A
Products
Banking; Equity; Fixed Income; Fund Mgt; Hedge Funds; Insurance; Issuance/IPO; Securities; Stock Lending
Rule Type
Final
Regions
EMEA
Rule Date
Jul 10, 2025
Effective Date
Jul 24, 2025
Rule ID
262254
Linked to
Reg. Last Update
Jul 10, 2025
Report Section
EU