Ryzyko braku zgodności instytucji pożyczkowych w Polsce
The risk of non-compliance by lending institutions in Poland

Summary/Abstract: Compliance risk is one of the types of risks that is becoming increasingly visible in the activities of financial institutions. Compliance risk arises as a result of an entity's failure to comply with applicable laws, supervisory guidelines, internal regulations, or market standards that apply to activities conducted on the financial market. This type of risk also occurs in the activities of lending institutions, particularly in the area of consumer lending. Non-compliance is evident at every stage of credit procedures, as indicated by an analysis of irregularities in the activities of lending institutions. The aim of this article is to present the requirements for the operation of lending institutions in Poland in the context of ensuring compliance, and to identify the risk of non-compliance by lending institutions in the area of consumer lending. The study uses a dogmatic-legal method, an analysis of the content of decisions issued by the President of the Office of Competition and Consumer Protection (UOKiK) – the Polish NCA – addressed to lending institutions (in the area of practices infringing the collective interests of consumers), as well as an empirical method.

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