Capital Market Development Strategy from the Ministry in Poland

What challenges for the capital market development does the most stable country in Europe face? How to outdo hindrances and simplify investors’ lives? Those are the main issues lawmakers considered when working on the Capital Market Development Strategy. The intended document will help to bring some structure to the future of the Polish capital markets. 

The Strategy has four objectives and the solutions presented in the Strategy will make access to financing easier and costs to obtain capital lower.

While working on the draft, the Ministry representatives made the list of 20 problems which Polish investors face and which make the development of the capital market slower. Some of these problems are lack of savings, insufficient financial education, the unattractiveness of IPO, and more.

Among others, the Strategy offers plenty of tax incentives to investors, strategy for education in finance, smaller IPO costs, bringing in new technology. The government is willing to encourage the country’s citizens to make long-term savings and also wants to see financial input from Poles that left the country.

Currently, the draft strategy is in the consultations phase. Financial market institutions should provide their expertise. The Ministry of Finance is working closely with the market participants to guarantee that the document gives them what they expect and need.