capital markets | In Principle

Go to content
Subscribe to newsletter
In principle newsletter subscription form

capital markets

Best practice just gets better and better
Under amendments to the WSE Code of Best Practice, companies will have to publish their sponsorship policies and comment on false reports about the company.
Best practice just gets better and better
What does a shareholder have the right to know about a public company?
At a general meeting of a listed company, shareholders have a right to ask questions about the company’s affairs, but management is not required—or even allowed—to answer some of them.
What does a shareholder have the right to know about a public company?
Omnibus securities accounts in Poland
From 2012, foreign investors wishing to invest directly in financial instruments in Poland should no longer need to open a securities account at a Polish brokerage or trust company.
Omnibus securities accounts in Poland
UCITS IV Directive not implemented in time-what to do now?
The deadline for Poland to implement the EU’s revised investment fund regulations came and went on 30 June 2011, but since then the Ministry of Finance has published its initial proposal to codify UCITS IV.
UCITS IV Directive not implemented in time-what to do now?
An end to evidentiary privilege for funds in relations with consumers
Fund statements no longer have the status of an official document in the event of a dispute with a client.
An end to evidentiary privilege for funds in relations with consumers
What may a fund do as a shareholder of a public company?
Statutory restrictions on participation of open investment funds in joint-stock companies should be interpreted narrowly. Restrictions on voting rights do not limit the exercise of other share rights.
What may a fund do as a shareholder of a public company?
May the management board deprive a shareholder of the right to vote?
Violation of obligations related to acquisition of a major stake in a public company is subject to the sanction of loss of voting rights.
May the management board deprive a shareholder of the right to vote?
Financial Supervision Authority fines are for real
Information published on the website of the Polish Financial Supervision Authority (KNF) shows that the KNF takes full advantage of its authority to impose fines for failure to play by the rules on the financial markets.
Financial Supervision Authority fines are for real
Danuta Pajewska: Transparency of the capital market is fundamental
Interview with Danuta Pajewska, senior partner at Wardyński & Partners and head of the Capital Markets practice group.
Danuta Pajewska: Transparency of the capital market is fundamental
Fines for violating reporting requirements when buying shares of listed companies
The Polish Financial Supervision Authority has fined a couple PLN 200,000 for acquiring shares in a listed company over the 10% threshold without announcing a public tender.
Fines for violating reporting requirements when buying shares of listed companies
Danuta Pajewska: A well-functioning compliance division lets management sleep easier
Interview with Danuta Pajewska, partner at Wardyński & Partners and co-head of the Banking and Finance practice group
Danuta Pajewska: A well-functioning compliance division lets management sleep easier
Heavy fines for blogging
The Polish Financial Supervision Authority is investigating a blog that has featured information about the operations of a capital group since May of this year.
Heavy fines for blogging