Public warnings - Komisja Nadzoru Finansowego
WHAT WE DO
List of the KNF's public warnings
The KNF List of Public Warnings contains information on:
- notifications of a suspected criminal offence submitted by the KNF Board1
- criminal proceedings conducted ex officio or following a notification from an entity other than the KNF Board where the Chair of the KNF Board exercised the right of an aggrieved party in criminal proceedings2
Links to warnings from international organisations and foreign supervisory authorities
Number of warnings found:
The fact that an entity does not figure on the KNF List of Public Warnings does not mean that the entity should not be verified using reliable sources of information.
Notification of suspected criminal offence punishable under Article 171(1–3) of the Banking Law (engaging in banking activities, in particular accepting funds to expose them to risk, without the KNF’s consent)
| No. | Name of the entity whose activity led to submission of a notification on suspicion of committing a crime | Identification number (KRS, NIP or REGON) | Competent prosecutor's office | Information on final & binding judgments issued in the course of criminal proceedings * | Relevant information |
|---|---|---|---|---|---|
| 1 | 1. Mart Diamonds SA with its registered office in Warsaw | KRS 0000510690 | Regional Prosecutor’s Office in Katowice (proceedings connected with the proceedings of the Branch Office of the Regional Prosecutor’s Office in Lublin with its registered office in Biala Podlaska) > (case transferred to the Provincial Prosecutor’s Office in Lublin) | On 10 July 2022, the Regional Court in Katowice issued a judgment of conviction in Case XVI K 123/22. The judgment is final and binding. | Proceedings in respect of an act punishable under Article 171(1) of the Banking Law. The Chair of the KNF Board joined the proceedings initiated by another entity. |
| 2 | 2. Mart Diamonds SA with its registered office in Warsaw | KRS 0000510690 | Regional Prosecutor’s Office in Katowice | Notification under Article 171(1, 3) of the Banking Law. Notification made by the UKNF. The Chair of the KNF Board joined the proceedings initiated by another entity. | |
| 3 | Mart Diamonds Dystrybucja spółka z o.o. with its registered office in Katowice | KRS 0000598990 | Regional Prosecutor’s Office in Katowice | Notification under Article 171(1, 3) of the Banking Law. Notification made by the UKNF. The Chair of the KNF Board joined the proceedings initiated by another entity. |
Notification of suspected criminal offence punishable under Article 178 of the Act on trading in financial instruments (engaging in activities in the field of trading in financial instruments without the required authorisation or power of attorney)
| No. | Name of the entity whose activity led to submission of a notification on suspicion of committing a crime | Identification number (KRS, NIP or REGON) | Competent prosecutor's office | Information on final & binding judgments issued in the course of criminal proceedings * | Relevant information |
|---|---|---|---|---|---|
| 1 | Michał Frys Smart Money Network with its registered office in Warsaw | NIP 5213219742 | Provincial Prosecutor’s Office in Warsaw | Notification under Article 178 in conjunction with Article 69(2) point 1 and 6 of the Act on trading in financial instruments. Notification made by the UKNF. | |
| 2 | Smart Invest Studio using the website www.smartinveststudio.com. | The entity is not registered in Poland. | Regional Prosecutor’s Office in Warsaw | Notification under Article 178 in conjunction with Article 69(2) point 2 of the Act on trading in financial instruments. Notification made by the UKNF. | |
| 3 | Smart Trader University sp. z o.o. with its registered office in Katowice | KRS 0000528547 | Regional Prosecutor’s Office in Warsaw | On 23 February 2022, the District Court for Warszawa-Mokotów conditionally discontinuing the criminal proceedings.
On 2 March 2023, the District Court in Jarocin conditionally discontinuing the criminal proceedings. |
Notification in accordance with Article 178 of Act on Trading in Financial Instruments. The KNF’s Chairman joined the proceedings initiated by other entity. |
Notification of suspected criminal offence punishable under Articles 150 and 151 of the Act on payment services (unauthorised provision of payment services and/or issuing electronic money)
| No. | Name of the entity whose activity led to submission of a notification on suspicion of committing a crime | Identification number (KRS, NIP or REGON) | Competent prosecutor's office | Information on final & binding judgments issued in the course of criminal proceedings * | Relevant information |
|---|---|---|---|---|---|
| 1 | Marta Sobańska | NIP 8842369170 REGON 891429121 |
District Prosecutor's Office in Świdnica | Notification under Article 150(1) of the Act on payment services. Notification made by the UKNF. |
Comments
1 Pursuant to Article 6b(1) of the Act of 21 July 2006 on financial market supervision, the KNF Board informs the public whenever it submits a notification of any suspected criminal offence specified in Articles 215 and 216 of the Act of 28 August 1997 on the organisation and operation of pension funds, Article 171(1–3) of the Banking Law, Articles 57 of the Act of 26 October 2000 on commodity exchanges, Article 430 of the Act on the business of insurance and reinsurance, Articles 89 and 90 of the Act of 15 December 2017 on insurance distribution, Article 50(1) and (2) of the Act of 20 April 2004 on occupational pension schemes, Article 40 of the Act of 20 April 2004 on individual retirement accounts and individual retirement protection accounts, Articles 287 and 290–296 of the Act on investment funds, Article 178 of the Act of 29 July 2005 on trading in financial instruments, Articles 99 and 99a of the Act of 29 July 2005 on public offering, conditions governing the introduction of financial instruments to organised trading, and public companies, Articles 150 and 151 of the Act of 19 August 2011 on payment services, Articles 59h and 59i of the Act of 12 May 2011 on consumer credit, Articles 37 and 38 of the Act of 7 July 2022 on crowdfunding for business ventures and assistance to borrowers, Articles 76 and 77 of the Act on mortgage credit and supervision of mortgage credit intermediaries and agents, or Article 50 of the Act of 20 December 2024 on credit servicers and credit purchasers.
2 Under Article 6b(6) of the Act of 21 July 2006 on financial market supervision, the KNF Board also reports on criminal proceedings conducted ex officio or following a notification from an entity other than the KNF Board where the Chair of the KNF Board exercised the right of an aggrieved party in criminal proceedings.
Search entities* Pursuant to Article 6b(5) and Article 6b(6) in fine of the Act of 21 July 2006 on financial market supervision, the information on notifications of suspected criminal offence and on proceedings which the Chairman of the KNF joined as a victim shall be supplemented with information on the final refusal to initiate preparatory proceedings or on the final discontinuance of preparatory proceedings and — where a bill of indictment has been filed — with an update on the final court ruling.
In addition to the above list of ‘Public warnings of the KNF-Polish Financial Supervision Authority’, if in doubt, please verify whether a given entity has been licensed by the KNF.
Pecuniary benefits offered by the entities which do not hold the KNF license are not covered by state guarantees, in particular: the Bank Guarantee Fund (BGF), the compensation scheme of the National Depository for Securities (KDPW) or the Insurance Guarantee Fund (UFG).
Notifications on entities suspected of running business without legal authorisation may be submitted to the KNF electronically to: ostrzezenia@knf.gov.pl.