The Polish Financial Supervision Authority (PFSA), the new supervisory body, initiated its activity on 19 September 2006, i.e. on the day when the Act of 21 July 2006 on supervision of the financial market entered into force. The PFSA took over the competencies of the Polish Securities and Exchange Commission and of the Insurance and Pension Funds Supervisory Commission.
Tasks of the Polish Financial Supervision Authority cover capital market supervision, insurance supervision, pension scheme supervision and complementary supervision of financial conglomerates whereof the supervised entities constitute the part.
The aim of financial market supervision is to ensure regular operation of this market, its stability, security and transparency, confidence in the financial market, as well as to ensure that the interests of market actors are protected.
