banks

Banking Enforcement Titles non-constitutional and derogated from the Polish legal system

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On 14 April 2015, the Polish Constitutional Tribunal rendered a ruling that triggered a great commotion on the Polish market of banking services. The Tribunal declared Article 96 sec. 1 and Article 97 sec. 1 of the Banking Act – regulations constituting Banking Enforcement Title – as contrary to the principle of equality (case No P 45/12). In response to the judgment, the state legislator derogated this instrument from the Polish legal system with effect from 27 November 2015.

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Posted on by Aleksandra Bolibok in Civil Procedure, Consumer Law, General Issues