New Marketing Condition in Poland – C221

July 5, 2017

In accordance with Circular 221 – New rules set by the Polish Financial Supervision Authority (the ‘KNF’) regarding persons that are allowed to provide activities in the territory of Poland, CySEC informs Cypriot Investment Firms to adjust their business models to include new specifications when soliciting clients within the territory of Poland, CySEC informs Cypriot Investment Firms to adjust their business models to include new specifications when soliciting clients within the territory of Poland. In summary, a foreign firm must engage clients directly or through a known agent and provide clear and sufficient information about firms products and services with proper disclosures.

 

 

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