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BNP Paribas Bank Polska SAPoland's financial regulator KNF imposes PLN 500k fine on BNP Paribas BP
Poland's financial market regulator KNF has imposed a fine of PLN 500,000 (EUR 115,400) on listed lender BNP Paribas Polska for inadequate ongoing control of factual and legal activities performed by Retail Parks Fund FIZAN, the KNF said in a statement.
The decision is not final. The bank may request the regulator to reconsider the case or file a complaint with the Provincial Administrative Court in Warsaw against the decision, without first exercising its right to request the KNF to do so.
On Thursday, KNF announced that a fine of PLN 1 million (EUR 230,800) had been imposed on the bank.
seb/ nl/ ao/