Poland's Ministry of Finance reported that the Council of Ministers has adopted a deregulation package of draft legislative changes intended to speed up the handling of inactive bank accounts and to expand electronic communication options for people covered by certain compulsory insurance contracts. Under proposed amendments to the Banking Law, banks and co-operative savings and credit unions (SKOK) would be required, five years after the last instruction on an account, to request data from the PESEL register to determine whether the account holder is alive and, if deceased, the date of death. The package is framed as supporting faster access to information for heirs, limiting the risk of withdrawals by unauthorised persons, and enabling banks or SKOK to start inheritance-related processes based on a confirmed date of death. Separately, proposed changes to the compulsory insurance framework would allow policyholders to consent to receiving information electronically at any point during the contract term, not only when the contract is concluded, for compulsory motor third party liability, farmers' third party liability, and insurance of farm buildings against fire and other random events. The banking-related provisions are expected to enter into force three months after publication in Poland's Journal of Laws, while the insurance communication changes are expected to take effect 14 days after publication.

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