The Polish Financial Supervision Authority in the Polish administrative system
1
War Studies University in Warsaw, Academic Centre for Cybersecurity
Policy
Publication date: 2022-12-06
Cybersecurity and Law 2022;8(2):95-104
KEYWORDS
Polish Financial Supervision Authoritysupervisory authoritypublicadministration authoritywork apparatusstate legal entity
ABSTRACT
Financial market supervision is exercised by the Polish Financial Supervision Authority (PFSA). It is a central public administration authority, but not a government administration authority. Since 1 January 2019, it has become a body of a state legal entity – the Office of the Polish Financial Supervision Authority (UKNF). A number of systemic changes concerning the shape of financial market supervision were introduced based on limited objectives without a broader analysis of the systemic consequences of these changes being conducted. This also applies to the recognition of the Office of the Polish Financial Supervision Authority as a state legal entity, and the Polish Financial Supervision Authority and its Chairman as authorities of the Office. Under administrative law, the Office remains the work apparatus of the Authority.
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| ISSN: | 2658-1493 |
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