Kluza named chief of Poland's new regulator

Former minister of finance Stanislaw Kluza was on Friday 29 September named as the head of Poland's new commission designed to supervise the rapidly growing financial sector, Deutsche Presse-Agentur dpa reported.

Formally called the Commission for Financial Supervision (KNF), the institution took effect September 19, despite the objections of the opposition and concerns of the European Commission.

In a move which has been condemned by international observers, the KNF has replaced the Polish

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