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Polish financial regulator fines VeloBank TFI a total of 4.5 million zloty
๐Ÿ“ˆ Business

Polish financial regulator fines VeloBank TFI a total of 4.5 million zloty

Poland's Financial Supervision Authority (KNF) has fined VeloFunds TFI a total of 4.5 million zloty, split into two equal penalties of 2.25 million zloty each. The decision followed an agreement with the fund management company on the conditions for an extraordinary reduction of the original sanction.

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