Insurance companies’ characteristics key to regulation: BoJ’s Shirakawa

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Masaaki Shirakawa, the governor of the Bank of Japan, on Friday said it was crucial for policymakers to strike the right balance when regulating insurance companies and other financial institutions by paying greater attention to their similarities and differences.

At the 18th Annual Conference of the International Association of Insurance Supervisors in Seoul, South Korea, Shirakawa said that as important providers of long-term funds to banks, insurance companies were less vulnerable to interest

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