Credit unions - Komisja Nadzoru Finansowego
Under applicable provisions of law, credit unions have the statutory obligation to make a payment to cover the costs of supervision. The amount of, the method of calculating and the time limits for making the payment are set out in the Regulation on payments to cover the costs of supervision of credit unions and the National Association of Credit Unions (available in the Polish language).
By 31 July of each year a Communication from the Chair of Komisja Nadzoru Finansowego on the applicable rate and the amount of the supervision costs to be paid in the current calendar year is published.
When making the payment, a supervised entity is required to submit a statement on the amount of the payment due from a credit union to cover the supervision costs for the current calendar year (the information to be included in the statement is specified in the Annex to the Regulation).
Time limit for making the payment: by 31 August of the current year
Time limit for submitting the statement: 10 days of the last day of the time limit for making the payment
The amount being the base for calculating the payment due for the current calendar year in the case of a credit union is the value of the balance sheet assets of the credit union as at the last day of the calendar year preceding the year for which the payment is due.
The amount of the payment due for the current year must be calculated as the product of the base and the rate announced in the Communication.
The statement on the amount of the payment due from a credit union to cover the supervision costs for the current calendar year must be submitted in the form of electronic document through the e-Deklaracje system available at: https://e-deklaracje.knf.gov.pl/
All information on the e-Deklaracje system can be found on the website of Komisja Nadzoru Finansowego at: https://www.knf.gov.pl/dla_rynku/eDeklaracje (available in Polish language)
The payments to cover the supervision costs are of a public-law nature, and hence Urząd Komisji Nadzoru Finansowego (UKNF) does not issue VAT invoices or bills for such payments.
The payments to cover the supervision costs must be made to individual accounts generated by the UKNF for each entity.
Should you have any further questions please contact us by phone: 22 262 58 00 or by e-mail: oplaty@knf.gov.pl.
Legal basis (available in the Polish language):