Recommendations issued by the Polish Financial Supervision authority for the insurance and reinsurance undertakings Cover Image

Rekomendacje Komisji Nadzoru Finansowego dla zakładów ubezpieczeń i zakładów reasekuracji1
Recommendations issued by the Polish Financial Supervision authority for the insurance and reinsurance undertakings

Author(s): Paweł Wajda
Subject(s): Law, Constitution, Jurisprudence
Published by: Polska Izba Ubezpieczeń
Keywords: recommendation; Polish Financial Supervision Authority; supervision over the insurance and reinsurance market; an act of soft law

Summary/Abstract: The paper reviews the legal nature of a relatively new supervisory instrument over the insurance and reinsurance market, it is the power of the Polish Financial Supervision Authority to issue recommen- dations for insurance and reinsurance companies. The paper is focused on explanation of the of these recommendations within the legal system. The paper examines how the issuing of the recommenda- tions may affect the proper and secure operation of the domestic insurance and reinsurance companies.

  • Issue Year: 2016
  • Issue No: 3
  • Page Range: 119-130
  • Page Count: 22
  • Language: Polish
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