34 (129) 2018
Download PDF-version

Chairman Note

Tile article reczek

Chairman Note

By Antoni F. Reczek, OBE, Chairman


Editorial Note

Tile article black typewriter 200

Editorial note

by Michael Dembinski, chief advisor and Dorota Kierbiedź, membership director


This issue of Contact focuses on financial services, a rapidly growing part of the Polish economy, and one where Britain has traditionally led the way.

Tile double 463x143
Tile double baner reklamowy dbc


Tile article inga beale 2018 01

It's all about trust

Inga Beale, CEO of Lloyd's of London, visited Warsaw in April and spoke to Michael Dembinski about how she sees the Polish market and how the world's oldest insurance market plans to deal with the effects of Brexit.


Tile article ps md

Large British corporates have been significant investors in Poland since the 1990s

Interview with Paweł Siwecki, CEO and Michael Dembinski, chief advisor, BPCC

Finance & Financial Services

Standard Audit File – Invoice, on request

By Bogdan Zatorski, Tax Digitisation Expert at Sage


All VAT payers are already sending the Standard Audit Files for Tax ('JPK' in Polish) to the Ministry of Finance's servers.

Finance & Financial Services

Sustainable financing: corporates’ changing attitude, investors’ growing appetite

By, Zoë Knight, group head, HSBC Centre of Sustainable Finance


Governments, corporations, the financial system and civil society are all key stakeholders of how climate change and sustainability challenges play out.

Finance & Financial Services

Impact of Brexit on the European and Polish insurance market

by Beata Balas-Noszczyk, partner, Hogan Lovells in Poland, and Charles Rix, partner, Hogan Lovells in the UK


The UK is seen as the world’s leading insurance centre; London’s financial institutions have access to enormous amount of potential consumers, reflecting its economic potential.

Finance & Financial Services

FinTech – a future that is now

By Magdalena Różańska, associate manager, Michael Page



Finance & Financial Services

Trading between Poland and the UK? Get ready for Brexit

by Marcin Majewski, manager, PwC


Despite hopes or doubts, Brexit is seen to be inevitable; companies should start their preparations now. The biggest impact from the tax perspective will result from customs duties and VAT.

Finance & Financial Services

The whole of Poland as one special economic zone

By Hubert Hajdukiewicz, tax specialist at KR Group


The Polish government has accepted the draft bill on supporting new investments which expands special economic zones (SEZ) to cover the entire country.

Finance & Financial Services

Paving the two-way highway

By Bank Pekao S.A.


While people have been calling the world a global village for decades, and technology has further amplified this by providing us with information and contact at the touch of our fingers, financial cross-border markets don’t always live up to that promise.

Finance & Financial Services

Credit risk management – challenges and responses old and new from the Polish insurance market

by Marek Brandt, business unit director, CEE Trade Credit Practice Group Leader, Aon and Artur Szast, broker, business development director, Aon Credit Solution, Aon


How do you make cash from your sales? This old dilemma is the cornerstone of credit risk management.

Finance & Financial Services

How serious are Poland’s ambitions to become a FinTech hub?

By Marek Żółtowski, Public Affairs consultant at Grayling Poland


A public affairs consultant’s perspective on the FinTech regulatory and policy frameworks.

Finance & Financial Services

Digital currencies: How should they be served and seasoned?

By Prof Konrad Zacharzewski, chair of the Department of Commercial Law, Faculty of Law and Administration, Nicolaus Copernicus University; attorney at law, of counsel at Wierzbowski Eversheds Sutherland


For the average person in Poland today, digital currencies have negative connotations. But it doesn’t have to be that way.

Finance & Financial Services

Raising money through cryptocurrency offerings – how to do an ICO

By Adrian Pietrzak, FinTech biz dev manager, Future Processing


Whether we like it or not, cryptocurrencies are the next frontier in the world of money and finance, with initial coin offering (ICO) being the biggest trend in the cryptocurrency industry today.

Finance & Financial Services

Technology and regulation: making life easier for Polish exporters

by Jakub Makurat, country manager Poland, Ebury


The UK is one of the main trading partners for Polish exporters.

Finance & Financial Services

A portfolio of receivables as collateral: Pledge or assign?

By Aleksandra Nalewajko, Daniel Smarduch, adwokat, Banking & Project Finance practice, Wardyński & Partners


In various financial transactions, one of the borrower’s main assets is a portfolio of receivables, be they under leases (when financing commercial property) or under loans (when the borrower is in the business of granting loans).

Finance & Financial Services

A philosophy that pays

By Alicja Korbecka, tax advisor, founder of Acco Accounting & Consulting Office, Businesswoman of the Year and Tax Advisory Leader, 2016


A business revolution begins when you change your point of view, and you see that you can look at something in a new way.

Events Coverage

Sharing best practice in implementing e-health solutions

At a conference held at the British Embassy on 18 April 2018, representatives from the Polish and UK healthcare sectors met to share experiences in implementing e-health solutions.

Events Coverage

The circular economy – what is it and what does it mean to you?

Are we, as a species, producing, consuming and wasting too much, and thus endangering the planet's ecosystem? What should businesses do about this today?

Events Coverage

AmCham & BPCC Spring Business Mixer in Krakow

On 17 April 2018, member companies from the American Chamber of Commerce and the BPCC met at a joint networking event at the Krakow Hotel Holiday Inn Krakow City Centre.

Events Coverage

New system of tax incentives for investments in Poland and Special Economic Zones

On April 5th, the British Polish Chamber of Commerce, Dentons and Industrial Development Agency organized a meeting devoted to the system of tax incentives for investments in Poland.

Events Coverage

Poznan start-up conference - how to get to the World

The BPCC together with its patrons PwC and the Department of Investment and Trade (DIT) at the British Embassy in Warsaw and the City of Poznań held a training session for start-up businesses on 22 March.

Events Coverage

Offices today and tomorrow – and workplace regulations from yesterday

At a joint meeting of the BPCC's HR, Healthcare and Real Estate policy groups, held at the Kinnarps showroom on 20 March 2018.

Events Coverage

Polish civil aviation leaders come to Rzeszów to hear how Brexit will affect them

The Fly&More conference held in Rzeszów's G2A Arena on 15 March 2018 brought together key people from the Polish civil aviation sector, including operators of regional airports.

Events Coverage

Polish builders in London share insights, Brexit concerns

The second British-Polish Construction Forum took place at NatWest's Bishopsgate offices in the City of London, bringing together business owners from across the sector.