Posted by The upcoming regulatory changes in the Polish consumer lending market, driven by the Europe-wide implementation of the new CCD II Directive, are beginning to take shape. According to TWINO, the Polish authority previously responsible for overseeing the implementation process has now been removed from the procedure due to concerns regarding excessive regulation and the quality of the implementation process.
As a result, it is currently unclear which institution will assume responsibility for the further implementation of the directive. Although the European Commission’s deadline remains set for November 2026, it is becoming increasingly likely that Poland will request an extension for the implementation.
The situation regarding the recovery of Russian assets appears to be developing much more positively. The second early repayment campaign has now been completed, and TWINO currently expects a full repayment of the outstanding Russian exposure by the end of 2026.