Poland – PFSA Disclosure of Ownership

Poland – PFSA Disclosure of Ownership

On 31 January 2019, PFSA issued statement re shares owned by pension funds.

  • On notification obligations re significant ownership of shares in public companies.
  • Offer act, art. 69 requires disclosure of ownership to KNF over certain thresholds.
  • Statement clarifies the requirements where open-ended pension fund (OFE) and voluntary funds pension (DFE) managed by same general pension society (PTE).