Poland upgrading banking laws to EU standards

The Polish government has approved amendments to laws on the banking system and the central bank to upgrade them to European Union standards, a finance ministry official said on Wednesday.

The changes to the central bank law, adopted by the cabinet late on Tuesday and due to be sent to parliament for approval, would make the bank's accounting standards compatible with those applied in EU countries.

"The package of bills adjusts our regulations to norms in EU countries," said Przemyslaw Morysiak

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