The Polish Financial Supervisory Authority (KNF) plans to use artificial intelligence (AI) in supervisory activities – according to the published priorities of the Polish Financial Supervisory Authority for 2025. AI should operate in the areas of data analysis and processing.
On Tuesday, the Polish Financial Supervisory Authority (PFSA) published the Supervisory Priorities of the Polish Financial Supervisory Authority for 2025. He presented his predictions and goals for the coming year. They cover the banking, capital and insurance sectors.
Supervisory priorities of the Polish Financial Supervisory Authority for 2025
In addition to the use of artificial intelligence in supervisory activities in the field of data analysis and processing, the Polish Financial Supervisory Authority also plans to monitor the crypto-asset market. It intends to monitor the regulatory environment in the field of crypto-assets in order to introduce new rules into national legislation and consider new solutions in supervisory practice.
It also intends to adapt supervisory processes in the field of combating money laundering and terrorist financing for new types of entities in the crypto-asset market sector, defining “necessary and appropriate analytical and supervisory activities, taking into account a risk-based approach”. to do
Moreover, the Office plans to participate in the work on initiatives to develop the capital market and make the product offering more attractive.
“These initiatives and works are especially related to the regulation of new investment products offered by financial market entities, such as ETFs or REITs, and decisions that support the development of the so-called private market, which is aimed, among other things, at increasing the scale of investment in projects. in the early stages of development, innovative or technological features” – it is said in priority areas.
The Polish Financial Supervisory Authority also plans to apply the law in important areas of financial market activity, to facilitate the systemic resolution of issues and to participate in the future discussion of capital markets in the EU.
Activities of the Polish Financial Supervisory Authority in 2025
In relation to the banking sector, the supervisory priorities of the Polish Financial Supervisory Authority include the correct calculation of capital requirements for credit and operational risk, risk management of selected banking products and services and their distribution, interest rate risk management in the banking portfolio. in the context of risk exposure protection and preparedness for liquidity risk management in crisis situations.
In turn, in relation to the capital sector, the office's priorities include: fulfilling information obligations to the client, including information on costs; fulfilling best execution obligations, with a focus on executing client orders outside the regulated market; the reliability of information published by supervisory entities, including the compliance of investment funds with the position of the Polish financial supervisory authorities; adaptation of controlled entities to the Act of August 16, 2023 on introducing changes and additions to some acts related to ensuring the development of the financial market and the protection of investors in this market (ASI/ZASI - alternative investment companies and managers of alternative investment companies).
According to the Polish Financial Supervision Agency, the supervisory priorities for the insurance sector for 2025 are: the solvency of insurance and reinsurance companies, the quality of insurance products and their services, the quality of the distribution of insurance products, and the strengthening of supervision over the investment activities of insurance and reinsurance companies.
Main photo source: PAP/Wojciech Olkuśnik
