The Training Initiative for Financial Supervision (TIFS) for supervisors of the banking and insurance sectors

modification date 06 December 2018

On 14–16 and 21–23 November 2018, under the 9th Training Initiative for Financial Supervision (TIFS), the KNF organised two training programmes for supervisors of the banking and insurance sectors. This year’s programme for supervisors of the banking sector focused on credit risk, in particular non-performing loans seen as such by a supervisor in an EU Member State, by the European Banking Authority (EBA) and the European Central Bank (EBC). The insurance-related programme covered current challenges in risk-based supervision in terms of system of governance, assessment of members of management boards, supervisory boards and qualified shareholders, as well as consumer issues, i.e. product management and product appropriateness. In its new headquarters, the Polish regulator hosted a meeting of 30 representatives of administration from 18 EU Member States and from priority countries for Poland’s foreign policy, who participated in discussions, exchanged supervisory experiences and increased their know-how.