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- Title
INSTITUTIONAL FRAMEWORK FOR THE FINANCIAL SUPERVISION AUTHORITY’S CONTROL OVER THE ACTIVITIES OF AN INSURANCE AGENT.
- Authors
Bidziński, Mariusz; Ulijasz, Bogusław
- Abstract
The subject of consideration is the supervisory powers of the Financial Supervision Authority in terms of the control of insurance agents. Act of 15 December 2017 on Insurance Distribution (i.e. Journal of Laws of 2023, item 1111, as amended) introduced the possibility of conducting inspections of insurance agents’ activities by supervisory authorities. The Financial Supervisory Authority is the body that supervises the financial market, including the supervision of activities related to the distribution and redistribution of insurance. The literature on the competency framework of the Financial Supervisory Authority’s supervision of the activities of insurance agents is very limited. It therefore becomes necessary to focus on one aspect of this issue, i.e. access to documents and data contained in the information and communication systems controlled by insurance agents under supervision. The purpose of the article is to examine the limits of permissible intervention by the Financial Supervision Authority in the activities of an insurance agent when performing supervisory functions. Research methods: The article has been drawn up mainly using the formal-dogmatic method. It involves the description and systematization of legal norms, interpretation of regulations, as well as an analysis of the practice of application of the law by both state administrative bodies and courts.
- Subjects
INSURANCE agents; SUPERVISION; FINANCIAL markets; INFORMATION &; communication technologies; LEGAL norms
- Publication
Journal of Modern Science, 2024, Vol 55, Issue 1, p69
- ISSN
1734-2031
- Publication type
Article
- DOI
10.13166/jms/183810