What are the consequences of failing to meet reporting obligations to the Narodowy Bank Polski?
Failure to meet reporting obligations to the National Bank of Poland (NBP) can lead to severe penalties, including criminal liability. Entities that do not report or provide inaccurate data risk fines based on a daily rate determined by the offender's income and financial situation. This ensures the stability and safety of the financial system, as the NBP relies on accurate data to maintain price stability and perform its functions effectively.