The Polish Financial Supervision Authority has notified law enforcement authorities. The case concerns Nationale-Nederlanden PTE.

As reported, the Polish Financial Supervision Authority sent a notification to law enforcement authorities on suspicion of committing a crime: disclosure of confidential information about the intention to provide Nationale-Nederlanden Powszechne Towarzystwo Emerytalne Buy orders for Unimot, Mercor, Compremum and Polenergia shares and the use of confidential information about Nationale-Nederlanden PTE’s intention to place purchase orders for shares of these companies.

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The Polish Financial Supervision Authority reported that the violation of the ban on the disclosure of confidential information is a violation of Article 14 letter c of the MAR Regulation and pursuant to Article 180 of the Commercial Code. Punishable by a fine of up to PLN 2 million or imprisonment for up to 4 years.But also both penalties together.

Violation of the prohibition on the use of confidential information is a violation of Art. 14 letter a of the MAR Regulation and pursuant to Art. 181 section 1 of the Commercial Code, is punishable by a fine of up to PLN 5 million or imprisonment from 3 months to 5 years, or both.

Information on the submission of a notification by the Committee It aims to protect the interests of participants in the financial market. The statement added: “And inform them of potential violations of their interests.”