Krzysztof Wojdyło | In Principle

The Payment Services Act provides a fixed list of types of suppliers of payment services and specifies the range of permissible activity by particular categories of payment service providers.

In light of the consequences that follow from a duty to comply with Poland’s new Payment Services Act, it is important for companies to review carefully whether the act will apply to the services they perform.

We continue our series of articles on the act transposing the Payment Services Directive into Polish law with a few comments on the implementing legislation.

There is a chance for uniform rules for payments across the European market. In a series of articles, we will review issues related to the new regulations that will impact nearly everyone involved in trade.

Fund statements no longer have the status of an official document in the event of a dispute with a client.