News - Japan: Regulator tightens insurer inspection methods
Source: Asia Insurance Review | Jan 2011
Japan’s Financial Services Agency (FSA), which supervises the insurance and other financial services sector in the country, is overhauling its inspection methods in preparation for the stricter method of calculating insurers’ solvency margin ratios that is due to be introduced in the fiscal year starting 1 April 2011, and the strict application of International Financial Reporting Standards to listed companies, starting in 2015.
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