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

May 13, 2024

Preview Citation

Format: Chicago

Japan: Financial Sector Assessment Program-Detailed Assessment of Observance on Insurance Core Principles, (USA: International Monetary Fund, 2024) accessed October 6, 2024

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.

Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), Crime, Financial institutions, Financial sector policy and analysis, Financial stability assessment, Insurance, Insurance companies, International organization, Monetary policy, Solvency

Keywords: Anti-money laundering and combating the financing of terrorism (AML/CFT), Earthquake insurance take-up, Financial stability assessment, General insurance Association of Japan, General insurance rating Organization of Japan, Global, Insurance, Insurance companies, Japan FSAP, Life insurer, Non-life insurance policyholder protection corporation, Solvency

Publication Details

Pages:

141
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2024/110
Stock No:

1JPNEA2024002
ISBN:

9798400275166
ISSN:

1934-7685

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