SUBJECT OF THE REGULATIONS
These Regulations define the principles and course of action of the project CEE Fintech Leaders Forum, here inafter referred to as the Project.
The organizer of the project is Leslaw A. Paga Foundation, hereinafter referred to as the Organizer.
The Organizer has the right to change the date of the planned Project.
The main goal of the project is to educate future leaders of the financial world, economics and capital markets through learning by doing and exchange of knowledge between participants and mentors on the Central and Eastern European arena.
The project accomplishes its goal by providing a group of 30 talented Polish and foreign students and graduates, hereinafter referred to as Scholarship Holders, with free of charge training, hereinafter referred to as training, carried out during the four days of the project and the possibility of a minimum 2-month internship for the best Project participants in entities which are Project Partners, hereinafter referred to as the Internship.
Leslaw A. Paga Foundation reserves the right to select a larger or smaller number of Scholars.
PARTICIPANTS OF THE PROJECT
- The Project may be attended by second, third, fourth and fifth year students or graduates who, at the time of submitting the application, are under 27 years of age, hereinafter referred to as Applicants.
- The Scholarship Holder cannot re-apply for participation in subsequent editions of the Project.
DURATION OF THE PROJECT
The duration of the project is set by the Organizer and announced annually, along with the announcement of the new edition of the project.
The organization of works related to the implementation of the Project is provided by the Coordinator appointed by the Organizer.
- The Recruitment Committee, hereinafter referred to as the Committee, is appointed by the Organizer annually.
- The Committee shall be composed of no more than five members.
- Scholarship Holders from previous years may participate in the work of the Committee in an advisory capacity. The procedure and rules for their appointment are determined by the President of the Committee in agreement with the Organizer.
- The decision regarding qualifications at every stage is taken within a deadline of 14 days from its completion.
- After the completion of its work, the Committee prepares and submits to the Organizer, within 21 days from the day of recruitment completion, a report on its work.
- The organizer may recruit scholars in two stages.
- Each participant in the recruitment procedure is assessed independently by individual members of the Committee in accordance with the evaluation sheet. The decision to qualify or reject an Applicant’s candidacy at subsequent stages is a result of individual assessments obtained by the applicant during the two stages of the proceedings.
- Each Applicant is obliged to submit their application on the Organizer’s website (www.paga.org.pl). The date of submitting the application is set annually by the Foundation’s Management Board and officially set along with the announcement of the new edition of the project. The Applicant is obliged to read the content of these Regulations. Submitting an application is equal to accepting its terms.
- Submitting an application to the Project consists of filling in a personal questionnaire and answering the questions asked.
- The selection to stage II of the recruitment process in the number of 80 participants is made by the Committee based on the evaluation of their application. The Foundation reserves the right to invite more or fewer people to the second stage of the interviews. The applicants will be informed about qualifying to the second stage via email.
- Stage II recruitment involves interviewing by the Committee. The persons qualified will be informed about the place and date of the second stage of recruitment by e-mail or by phone. In addition, the Organizer reserves the right to conduct a test to check the Applicant’s knowledge.
- To enter the second stage of recruitment, participants are required to submit reference letters (academic or professional), university-confirmed status of the student and the average grade of the last summer semester of study. Failure to submit any of the above documents means resignation from participation in further recruitment process.
- From the participants of the 2nd stage of recruitment, the Committee will select 30 people, hereinafter referred to as Scholarship Holders, who will be notified about it via email.
- In addition, a maximum of 10 participants of stage II will be enrolled to the reserve list and will be informed about it via e-mail.
- The persons indicated in the subparagraph 9 of this paragraph, may obtain the Scholarship status in the event of resignation from participation of the selected by the Committee, Scholarship Holder or deletion from the list in the case referred to in paragraph. 11. Decisions on the matter shall be taken by the Committee within 5 days of receipt of information about the resignation of the Scholarship Holder.
- The scholarship holder is obliged to send to the Organizer, in the deadline indicated by the Organizer, a declaration of participation in the project (it will be sent by e-mail with a positive decision of the Committee). Failure to provide the above declaration results in deletion from the list of project participants.
- The Committee may grant the status of a free listener in exceptional cases. The number of free listeners cannot exceed 5 people.
- Participants with the status of Scholarship Holder are obliged to participate in all classes carried out as part of the Project.
- Scholarship Holders have an option of doing an internship at a Partner Company.
- In the case of:
– resignation from participation in the project, from all or any part or
– leaving more than 10% of the class
The scholarship Holder and free listener is obliged to cover the full cost of the project in the amount of PLN 5000 immediately, unless the reason for resignation results from objective causes. Such cases will always be the object of the Organizer’s analysis, which on this basis will decide on the possible financial responsibility of the Scholarship Holder.
GENERAL RULES OF PARTICIPATION OF SCHOLARSHIP HOLDERS IN THE PROJECT
- Scholarship Holders participate in the training. The date of classes is set annually with the announcement of the new edition of the Project. In special cases, the Organizer reserves the right to change the date of classes. Participation in the classes is only for Scholarship Holders. The Scholarship Holder has the right to be absent from one day of classes. In this case, the Scholarship Holder is obliged to inform the Organizer in writing with justification.
- Classes will be conducted by experts in finance, economics and capital markets. The Scholarship Holder is obliged to sign the attendance list at each of the classes.
- The Organizer does not bear criminal and material liability for events that may occur during the course of the training.
- Access to classes implemented as part of the training is financed by the Organizer. The scholarship holder is obliged to use the access to classes set by the Organizer.
- The training program is determined by the Organizer. It addresses the issues and problems of the financial sector. It is implemented thanks to the substantive support of the Partners referred to in §11.
- The program of subsequent editions is announced annually along with the announcement of the new edition of the project.
- A Project Partner, hereinafter referred to as a Partner, may be any institution that shares and accepts the goals of the Organizer and the Project. The decision about granting the Partner status is made by the Organizer.
- The form and terms of cooperation with the Partner are specified in a separate agreement concluded between the Partner and the Organizer.
GENERAL RULES FOR DOING THE INTERNSHIP
RESPONSIBILITY OF THE ORGANIZER, PARTNERS AND THE SCHOLARSHIP HOLDERS
- The Organizer provides the best Scholarship Holders with a minimum 2-month internship at one of the Partners.
- The internship offer is presented to the Scholarship Holders by the Organizer during the Project. The Scholarship Holder indicates the preferred place of the Internship. The decision in this matter is made by the Organizer together with the Partner. If Scholarship Holder will not receive an internship offer from the preferred Partner he/she must complete an internship at the Partner’s indicated by the Foundation.
- The Internship will start after the end of the training part of the Project after January 13, 2020. It is allowed to change this date upon prior arrangement of the Scholarship with the Organizer and the Partner.
- The scholarship holder is entitled to a paid traineeship, for which he is entitled to a monthly salary amounting to not less than 3000 PLN gross, subject to the provisions of subparagraph 5. The Partners are solely responsible in this respect for the Scholarship Holder.
- With the consent of the Scholarship Holder and the Organizer, the Scholarship Holder may complete the Internship without remuneration.
- The Organizer and the Partner do not provide or cover the accommodation costs of the Scholarship during the Internship.
- The Organizer is not responsible for the Internship conditions, in particular the conditions of the internship agreement, which will be concluded between the Scholarship Holder and the Partner, and its implementation by the parties. The Organizer also does not hold responsibility for any fees and taxes to be paid, which may be required from the Scholarship Holder in connection with the Internship contract with the Partner.
- The Organizer is not liable in the event of the Scholarship Holder resignation from the Internship or the factual absence during the Internship. In this situation, the Organizer may indicate another Scholarship Holder to complete the Internship.
- In the event of resignation from participation in the Project, from all or any part, the Foundation reserves the right to withdraw the Scholarship Holder status.
PERSONAL DATA, DATABASE
- The scholarship Holder and the Partner take note that the Organizer has the right to inform the media about the course of the Internship and irrevocably consent to it.
- The Organizer reserves the right to publish personal data and the image of the Scholarship Holder, as well as interviews conducted with him in the mass media and he/she irrevocably consent to it.
- The Applicant agrees that the Organizer will process and put in the project database his personal data contained in the application, which will be used for purposes related to the organization and course of the project and other statutory activities of the Organizer. In justified cases, the data contained in the database may be made available to Partners or other prize funders, at their request. The applicant has the right to inspect and update his personal data.
- The launch of the project takes place every year in January. The project is finished with an official Gala, which takes place in Warsaw on the Warsaw Stock Exchange. Participation of the Scholarship Holders in this celebration is obligatory.
- Decisions of the Committee and the Organizer in connection with the Project and the implementation of these Regulations, in particular to the qualification of the participants to the next stages, are final and cannot be appealed from.
- The organizer reserves the right to make a binding interpretation of the provisions of these Regulations, settle disputes related to its application and all issues related to the Project, without prejudice to the right of the Committee to decide on the qualifications of participants.
- The Organizer reserves the right to change the number of Internships and Partners.
- These Regulations are available for inspection at the Organizer’s office and on its website.
- The Organizer is not responsible for the timely delivery of correspondence sent via traditional mail or electronic mail.
- In matters not covered by these Regulations, the provisions of the Civil Code, the Act on the Protection of Personal Data and the Law on Copyright and Related Rights shall apply.