Spotlight on Regulators - Closer International Co-operation the Way to Go
Source: Asia Insurance Review | Dec 2008
The call for a closer international co-operation among insurance regulators to restore the credibility crisis and loss of confidence and trust among investors, financial institutions and consumers around the world was the recurrent topic during the 15th International Association of Insurance Supervisors (IAIS) Annual Conference held in Budapest, Hungary in October. With the theme, “Insurance and the Globalisation of Financial Services: Challenges for Worldwide Regulation and Supervision”, it was attended by some 500 delegates from more than 100 countries. Our journalist, Ms Shakun Ashoka Raj reports on the highlights of the conference.
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