Interview with the Regulator: FSA - Sensitive to one and all
Source: Asia Insurance Review | Mar 2014
New products are needed as new needs develop, stemming from Japan's ageing population and decreasing birth rates. In this exclusive interview with Mr Naruki Mori, Assistant Commissioner for International Affairs, Financial Services Agency, Japan, he shares with us that the FSA is sensitive to these needs and have embarked on deregulation to allow new products such as infertility care insurance and is preparing a necessary revision in the law that would promote entrepreneurial activities such as removing some of the limits on investments for affiliate venture capitals in insurance groups. We append below our Q&A session with him, where we will also hear that ensuring the soundness of the industry remains the key and the FSA is watching companies' risk management strategies carefully but will try to do so without undue regulatory burdens.
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