FUNDUSZE INWESTYCYJNE W POLSCE W ŚWIETLE ZMIENIAJĄCYCH SIĘ PRZEPISÓW PRAWA
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Date
1999
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Wydział Prawa i Administracji UAM
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INVESTMENT FUNDS IN POLAND IN THE LIGHT OF ALTERING PROVISIONS OF LAW
Abstract
During a dozen or so last months in Poland a series of changes in the legislation has been
carried out. All of them have an essential influence on functioning of the whole financial system.
The Author discusses foundamental new regulations that are distinct from the previously
binding provisions as well as the most important issues of the funds operation.
Main distinct regulations of the new law are: distinguishing of four basic kinds of the funds,
new definition of the investment fund, introduction of conception of a fund based on two separated
subjects of rights, detailed definition of control functions of the depositary, increasing of the role of
the funds’ statute, introduction of funds register, definition of three foundamental aims of investment
funds.
Further the Author analyses the details of: regulations concerning subjects managing the
assets of funds, provisions on depositaries, organizational and functional structure of subjects
engaged with funds’ service, precaution norms that are obligatory for the activity of funds, particular
types of funds, their limitations in investing and obligations to keep informed, and, as well,
the provisions concerning takings over, liquidations and transformations of investment funds.
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Citation
Ruch Prawniczy, Ekonomiczny i Socjologiczny 61, 1999, z. 2, s. 205-218.