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Poland's KNF Under Investigation for Alleged Regulatory Breach

Summary by Finance Magnates | Financial and Business News
Polish prosecutors have opened an investigation into alleged abuse of power by the country's Financial Supervision Authority (KNF) following a complaint from financial services firm Cinkciarz.pl (Conotoxia Holding), marking a stark escalation in the dispute over the company's revoked payment license.Update: Thursday, February 20, 2025, 2:20 PM. The prosecutor's office denied the reports, stating that Conotoxia had filed a lawsuit request, howeve…
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Finance Magnates | Financial and business newsFinance Magnates | Financial and business news

Poland's KNF Under Investigation for Alleged Regulatory Breach

Polish prosecutors have opened an investigation into alleged abuse of power by the country's Financial Supervision Authority (KNF) following a complaint from financial services firm Cinkciarz.pl (Conotoxia Holding), marking a stark escalation in the dispute over the company's revoked payment license.Update: Thursday, February 20, 2025, 2:20 PM. The prosecutor's office denied the reports, stating that Conotoxia had filed a lawsuit request, howeve…

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Finance Magnates | Financial and business news broke the news in on Thursday, February 20, 2025.
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