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Incoming changes for the non-bank consumer lenders in Poland

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Based on the recent changes to the Consumer Credit Act, the non-bank lenders (NBLs) in Poland will not be able to finance their lending activity by issuing bonds (obligacje).

The Polish Financial Supervision Authority KNF will also start supervising NBLs.

#consumer #credit #nonbanklenders #loaninstitutions #fintech #lendtech #finacing #bonds #Poland #WisniewskiLegal #KNF #PFSA #supervision

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Crowdfunding activities in Poland require a license and are supervised by the Polish Financial Supervision Authority (KNF) #PolishLegalTips

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Crowdfunding is regulated in Poland based on the Regulation on European crowdfunding service providers for business of 2020 (ECSP), and the local Act on crowdfunding for economic ventures and assistance to borrowers of 2022.

New crowdfunding providers require a license, and the market is supervised by the Polish Financial Supervision Authority (KNF).

#PolishLegalTips #Crowdfunding #Fintech #License #EquityCrowdfunding #PFSA #KNF #Supervision #Law #Poland #WisniewskiLegal

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Polish Financial Supervision Authority KNF’s List of Public Warnings #PolishLegalTips

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Registration of non-bank lenders in Poland #PolishLegalTips

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