Japan : Financial Sector Assessment Program-Technical Note-Insurance Sector Regulation and Supervision.

This Technical Note discusses the findings and recommendations made in the Financial Sector Assessment Program for Japan in the areas of insurance sector regulation and supervision. The Japanese insurance sector is characterized by a mature market, high concentration, and the predominance of life in...

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Bibliografske podrobnosti
Korporativna značnica: International Monetary Fund. Monetary and Capital Markets Department
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2017.
Serija:IMF Staff Country Reports; Country Report ; No. 2017/281
Online dostop:Full text available on IMF
Opis
Izvleček:This Technical Note discusses the findings and recommendations made in the Financial Sector Assessment Program for Japan in the areas of insurance sector regulation and supervision. The Japanese insurance sector is characterized by a mature market, high concentration, and the predominance of life insurance products with interest guarantees. It is recommended that the Japan Financial Services Agency (JFSA) should take further steps to implement an economic-value-based solvency regime as soon as practicable. A risk assessment methodology needs to be completed as part of the risk-based supervision framework. The risk and impact assessment will enable JFSA to determine the appropriate supervisory intensity for each insurer, and a holistic supervisory plan.
Opis knjige/članka:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Fizični opis:1 online resource (25 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Dostop:Electronic access restricted to authorized BRAC University faculty, staff and students