The role of compliance function in compliance risk management in an insurance company in the context of the functioning and organization of this function in the structures of an insurance company Cover Image

Rola funkcji compliance w zarządzaniu ryzykiem braku zgodności w zakładzie ubezpieczeń
The role of compliance function in compliance risk management in an insurance company in the context of the functioning and organization of this function in the structures of an insurance company

Author(s): Wojciech Paś
Subject(s): Law, Constitution, Jurisprudence, Business Economy / Management
Published by: Polska Izba Ubezpieczeń
Keywords: compliance; compliance function; compliance risk; compliance; regulations

Summary/Abstract: The main purpose of this article is to try to determine the importance of the compliance function in the process of managing non-compliance risk in an insurance company through the prism of functioning and organization of this unit within the structures of an insurance company. The method used to achieve this objective is in the author’s opinion, first and foremost, an assessment of the current regulatory environment in the context of its impact on the organization and operation of the compliance function in an insurance company. Considerations devoted to the compliance risk management process were also presented taking into account legal solutions applicable in banks.

  • Issue Year: 2018
  • Issue No: 3
  • Page Range: 83-98
  • Page Count: 16
  • Language: Polish