Glossary beginning with O


Office of Competition and Consumer Protection; Polish anti-trust authority that operates to ensure increased competition, secure business entities exposed to monopoly practices, and protect interest of consumers,

Ordinance on Current and Periodic Information

The Ordinance of the Minister of Finance of 19 February 2009 on current and periodic information submitted by issuers of instruments and conditions for recognizing as equivalent information required by the laws of a non-member state (Journal of Laws of 2009, No. 33, item 259 )

outward reinsurance

Reinsurance activity entailing an insurer (cedent) yielding a portion of the executed insurance contracts to a reinsurer/reinsurers in the form of a reinsurance contract