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The Warsaw Voice » Business » July 10, 2018
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New rules for banks and funds possible
July 10, 2018   
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Marcin Pachucki
Financial market watchdog KNF may introduce licenses for fund managers and fund house execs as a risk prevention measure following the collapse of now defunct debt collector GetBack, KNF deputy head Marcin Pachucki suggests as quoted by daily Puls Biznesu.
The regulator plans unspecified "more sublime" steps supposed to make banks more sensitive to client risk when offering them corporate bonds, the official adds.
Outsourcing fund management and use of complex investment structures in non-public closed-end funds also need tighter regulation, according to Pachucki.
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