POL GVT Monetary Policy Legislation

On Feb. 13, POL GVT consolidated text of monetary legislation.

  • Announcement of minister of finance of Jan. 10, 2020 on publication of consolidated text of ordinance regarding manner, scope, deadlines to submit data to POL CB.
  • To determine monetary policy, monetary situation periodic assessment, risk analysis.
  • Overview
  • Publication of uniform text of ordinance of minister of development and finance on manner, detailed scope, deadlines for providing necessary data to POL CB to determine monetary policy, monetary situation periodic assessments and systemic risk analysis.
  • Pursuant to art 16 clause 3 of act of Jul. 20, 2000 on publication of normative, certain other legal acts (journal of laws of 2019, item 1461), the consolidated text of the said ordinance of Sep. 21, 2017 is published in annex to the notice.
  • Key Aspects
  • Includes changes introduced by ord of minister of finance of Feb. 16, 2018 (journal of laws item 418), ord of minister of finance of Feb. 23, 2018 (journal of laws item 443).
  • Ordinance of minister of finance, investment and development of Nov. 6, 2019 also amending the said ordinance (journal of laws item 2187).
  • It does not include s2 of ord of Feb. 16, 2018 on entry into force date, s2, s3 of ord of Feb. 23, 2018 on certain deadlines, s2, s 3 of ord of Nov. 6, 2019 on similar topics.

Regulators POL GVT
Entity Types Bank; Corp
Reference OG, Poz 229, 2/13/2020; Notice 1/10/2020; Ord 11/6/2019; Ord 2/23/2018; Ord 2/16/2018; Act 7/3/2000
Functions Compliance; Financial; Legal; Operations; Reporting; Risk; Treasury
Countries Poland
Products Banking; Corporate; Equity
Regions EMEA
Rule Type Final
Rule Date 2/13/2020
Effective Date 2/13/2020
Rule Id 71867
Linked to N/A
Reg. Last Update 2/13/2020
Report Section EU

Last substantive update on 02/14/2020