We are amending the “Regulations on Opening, Holding and Closing an Integrated Bank Account at mBank S.A.” as of 2 August 2021.

The key amendments are as follows:
 

• We have added the “Rules of Conduct in the Case of Change, Withdrawal or Discontinuation of a Benchmark”, which constitute a new appendix to the Regulations. We will apply them when a benchmark used to calculate the account interest rate (e.g. WIBOR, LIBOR) is not published, is discontinued, cannot be applied, or changes.

The amendment results from Regulation (EU) 2016/1011 of the European Parliament and of the Council on indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds and amending Directives 2008/48/EC and 2014/17/EU and Regulation (EU) No 596/2014 (BMR).

• We have modified the personal data processing purposes stipulated in the GDPR clause. We will process these data also for the purposes of developing, monitoring and changing internal approaches as well as approaches and models relating to prudential requirements, including operational risk.

Publication date of the amended Regulations: 2 July 2021

The uniform text of the document is available from the Forms and Regulations section.