GIIF and KNF Strengthen Cooperation in the Area of AML – Information-Sharing Agreement Signed

On 3 February 2026, the General Inspector of Financial Information (GIIF) and the Polish Financial Supervision Authority (KNF)entered into an agreement strengthening cooperation in the area of AML and financial market supervision.

The agreement, signed at the Ministry of Finance and concluded for an indefinite period, sets out the framework for information exchange and joint educational activities aimed at enhancing the effectiveness of the anti-money laundering and counter-terrorist financing (AML/CFT) system.

Key Areas of Cooperation between GIIF and KNF in the Area of AML/CFT

Under the agreement, both institutions committed to a number of actions intended to improve the flow of information and harmonise the supervisory approach.

The most important areas include:

• mutual coordination of the content of communications and positions addressed to the broadly defined financial market sector,
• informing each other of identified needs for amendments to AML/CFT regulations (anti-money laundering and counter-terrorist financing) that affect the functioning of entities supervised by the PFSA,
• conducting consultations aimed at developing a uniform interpretation of the provisions of the AML Act,
• participation in supervisory colleges designed to improve compliance with regulations,
• organisation of cyclical, mutual training workshops.

Uniform Interpretation of AML Regulations by GIIF and KNF

From the market’s perspective, particular significance attaches to the announced development of a uniform interpretation of AML regulations. Strengthened cooperation between the GIFI and the PFSA may reduce legal uncertainty; however, it may also lead to the harmonisation and tightening of supervisory practice and to increased effectiveness of control activities. 

The closer cooperation between the GIFI and the PFSA is a signal that supervisory authorities will act in a more coordinated manner. For financial market participants, this may translate into the need for even more thorough verification of AML procedures and preparation for a consistent, yet more in-depth supervisory approach by both authorities.

Information Exchange between GIIF and KNF and AML Reporting Obligations of Obliged Institutions

Discrepancies between data submitted to the PFSA (e.g. as part of supervisory reporting) and reports submitted to the GIFI (e.g. quarterly statistical reports) may now be more easily identified and may constitute grounds for inspections. Obliged institutions should therefore review their reporting processes in order to eliminate the risk of inconsistencies.

Documents and information obtained in connection with the implementation of the agreement will be used exclusively for the purpose of carrying out the statutory tasks of both authorities.

We provide comprehensive legal support to obliged institutions, including assistance with AML procedures, reporting obligations towards GIIF and KNF, and preparation for supervisory inspections. Contact our team of legal experts!