Derisking and risk management in the financial and insurance sectors

The aim of this article is to discuss derisking phenomenon, the idea of which is to limit, terminate or refrain from entering into business interactions by financial institutions with specific clients or clients’ categories to avoid risk, its causes and consequences and/or to avoid liability for derisking by the obligated institutions. The authors also attempt to answer the question of whether the exclusion of derisking is possible and they also analyze the role played in this respect by the obligated institutions and the Polish regulator.