Polish Financial Supervision Authority supervises the financial services industry in Poland (i.e. credit institutions, insurance firms, investment companies, exchanges, pension scheme, payment institutions as well as financial conglomerates. Scope and rules of this supervision are set in the Act of 21 July 2006 on supervision of the financial market.
The aim of financial market supervision is to ensure regular operation of this market, its stability, security and transparency, confidence in the financial market, as well as to ensure that the interests of market actors are protected.
The Commission consists of::
- Chairman
- 2 Vice-Chairmen
- 9 other members of the Commission::
- minister competent for financial institutions or his representative,
- minister competent for the economy or his representative
- minister competent for social security or his representative,
- President of the National Bank of Poland or a member of the Board of the National Bank of Poland delegated by him,
- Representative of the President of the Republic of Poland,
- Representative of the Prime Minister,
- Representative of the Bank Guarantee Fund (without the right to vote),
- Representative of the Office of Competition and Consumer Protection (without the right to vote),
- Representative of the Minister – member of the Council of Ministers responsible for the coordination of special services, and if not appointed - representative of the Prime Minister (without the right to vote).
More information on supervision of the financial market you can find on the website of the Polish Financial Supervision Authority (link opens a new window in another website) and in the Act on supervision of the financial market (link opens a new window in another website).