The information contained in this document is marketing material and for informational purposes only. The information contained in this document is presented without any warranty or representation as to its accuracy or completeness and all implied representations or warranties of any kind are hereby disclaimed. Recipients of this document, whether clients or otherwise, should not act or refrain from acting on the basis of any information included in this document without seeking appropriate professional advice. The provision of the information contained in this document does not establish any express or implied duty or obligation between Citco and any recipient and neither Citco nor any of its shareholders, members, directors, principals or personnel shall be responsible or liable for results arising from the use or reliance of the information contained in this document including, without limitation, any loss (whether direct, indirect, in contract, tort or otherwise) arising from any decision made or action taken by any party in reliance upon the information contained in this document. © The Citco Group Limited, December 2024.
Poland – Reminder on the Requirement for Auditors participation in Supervisory Board meetings
Effective the 13th of October 2022, the Polish Commercial Code requires auditors to participate in Supervisory Board meetings for the purpose of approving Audited Financial Statements.
It is the company’s responsibility to arrange the auditor’s participation. If the meeting is held remotely then the company must provide electronic means of communication for attendance.
Companies must give notice of the meeting at least one week in advance, in any manner (by phone, mail or email). However, it is recommended to use a method that leaves physical proof.
