The Polish Financial Supervision Commission (KNF) published a readout of a bilateral meeting between KNF Chair Jacek Jastrzebski and European Securities and Markets Authority (ESMA) Chair Verena Ross focused on European Union initiatives aimed at restoring the competitiveness of the European financial market, including the European Commission’s Savings and Investments Union (SIU). Discussion covered possible approaches to simplify regulation, reduce regulatory requirements and minimise administrative burdens, alongside strengthening supervision of cross-border business activities. Investor protection and measures to increase confidence in the European financial services market were also discussed, including options for more effective supervisory tools in these areas.
Polish Financial Supervision Commission (KNF) 2025-06-16
Polish Financial Supervision Commission meets ESMA to discuss the Savings and Investments Union, regulatory simplification and cross-border supervision
The Polish Financial Supervision Commission (KNF) and the European Securities and Markets Authority (ESMA) discussed EU initiatives to enhance the competitiveness of the European financial market, including the European Commission’s Savings and Investments Union. Key topics included simplifying regulation, reducing administrative burdens, and strengthening cross-border supervision, alongside measures to boost investor protection and confidence.