Our Company
BZ WBK TFI SA is an investment fund company. Its operations are regulated by the Polish Investment Funds Act of May 27, 2004. The Act regulates principles of creation and management of Poland-based investment funds, and principles of operating foreign funds and investment companies in Poland.
The Act incorporates provisions stated in Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 amending Council Directive 85/611/EEC on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS), with regard to investments of UCITS and Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 amending Council Directive 85/611/EEC on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) with a view to regulating management companies and simplified prospectuses (“UCITS III”).
Arka funds managed by BZ WBK TFI SA, as well as BZ WBK TFI SA acting as an investment company, operate in accordance with Directive 2001/108/EC of the European Parliament and of the Council of 21 January 2002 amending Council Directive 85/611/EEC on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS), with regard to investments of UCITS and Directive 2001/107/EC of the European Parliament and of the Council of 21 January 2002 amending Council Directive 85/611/EEC on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) with a view to regulating management companies and simplified prospectuses (“UCITS III”).
The financial services industry in Poland is regulated by Komisja Nadzoru Finansowego (the Polish Financial Supervision Authority). For information about Komisja Nadzoru Finansowego please go to their website at www.knf.gov.pl/en/