Japan: Financial Sector Assessment Program-Detailed Assessment of Observance on Insurance Core Principles

Japan: Financial Sector Assessment Program-Detailed Assessment of Observance on Insurance Core Principles
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Volume/Issue: Volume 2024 Issue 110
Publication date: May 2024
ISBN: 9798400275166
$20.00
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Summary

This assessment of insurance supervision and regulation in Japan was carried out as part of the 2024 Financial Sector Assessment Program (FSAP). This assessment has been made against the Insurance Core Principles (ICPs) issued by the International Association of Insurance Supervisors (IAIS) in November 2019. The assessment includes the standards of the Common Framework for the Supervision of Internationally Active Insurance Groups (ComFrame). It is based on the laws, regulations and other supervisory requirements, and practices that were in place at the time of the assessment in September and October 2023.