Breaking: Poland Unveils Plans to Limit Leverage on FX

[kreslik.news]

Polish regulatory authorities have taken further aim at foreign exchange (FX) regulations, introducing new legislation to reduce leverage to a maximum of 1:25 as well a broader mandate to publicly alert investors to any unauthorized activity. The efforts reflect Poland’s increased emphasis on protecting clients and placing its regulations on par with other countries.

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Polish regulators have also begun to wield more power, facilitating harsher penalties on unlicensed entities. In its latest bid to shore up the FX market, the Polish Financial Supervision Commission (KNF) is altering the ... (read more)