Poland’s AML/CFT System: A Comprehensive Overview

Introduction

The Polish system for combating money laundering and financing of terrorism (AML/CFT) is a robust framework that integrates national and European Union regulations. At its core is the General Inspectorate of Financial Information (GIFI), which serves as the country’s primary anti-money laundering authority.

Key Components of Poland’s AML/CFT System

1. General Inspectorate of Financial Information (GIFI)

• GIFI is responsible for implementing and enforcing AML/CFT regulations in Poland.
• It provides guidance, monitors compliance, and investigates suspicious transactions.

2. Obliged Entities

• Banks, financial institutions, and other designated businesses are required to report suspicious transactions to GIFI.

3. Reporting Obligations

• Obliged entities must file reports with GIFI if they suspect a transaction involves money laundering or terrorist financing.

4. Information Sharing

• GIFI shares information with law enforcement agencies, courts, and other authorized entities to facilitate investigations and prosecutions.

International Cooperation

Poland actively participates in international AML/CFT efforts through various organizations:

• The European Union’s Expert Group on Money Laundering and Terrorist Financing (EGMLTF)
• The Council of the European Union
• The Financial Action Task Force (FATF)

GIFF Contact Information

To reach GIFI, you can contact them at:

• Address: ul. Świętokrzyska 12, 00-916 Warszawa, Polska
• Phone: +48 22 694 30 60
• Fax: +48 22 694 54 50
• Email: sekretariat.IF@mf.gov.pl