Thailand’s Office of Insurance Commission hosted representatives from the Embassy of Japan in Thailand and the Financial Services Agency of Japan for discussions on insurance-sector supervisory approaches, including regulatory cooperation and how Thailand’s financial sector is adapting to shifts in global monetary policy. The agenda covered monitoring developments in supervisory policy, disaster risk management, trends in health insurance product development, the operating position of Japanese insurers in Thailand, and implementation of International Financial Reporting Standard 17 (IFRS 17).
Thailand Office of Insurance Commission 2025-04-25
Thailand Office of Insurance Commission holds supervisory talks with Japan’s Financial Services Agency on insurance regulation and IFRS 17 implementation
Thailand’s Office of Insurance Commission met with representatives from the Embassy of Japan and the Financial Services Agency of Japan to discuss insurance-sector supervisory approaches and regulatory cooperation. Key topics included disaster risk management, health insurance product trends, Japanese insurers' operations in Thailand, and the implementation of International Financial Reporting Standard 17 (IFRS 17).