Open Finance got a green light from the Polish antimonopoly regulator KNF this week to set up new investment funds on the regional market. Acting unanimously, KNF approved the creation of the new open-end managemen company called Open Finance TFI, through which the financial advisor will be managing a number of investment funds on behalf of investors, including collective investment portfolios. Open Finance TFI was registered in February and is expected to show profitability in its first fiscal annual report.
