Financial services (including insurance) depend on consumer trust confidence. Trust and confidence requires regulation of financial businesses to be financially sound and behave well...

Effective market regulation is criticial to consumer protection. Communication between various insurance department division is key. Market regulatory reforms are focusing on analysis, uniformity and collaboration...

Increasing cross-sector cooperation, Addressing systemic risk, Focus on insurance companies, Financial conglomerates...

Establishment of AFIRC, AFIRC Strategy, Initiative on Corporate Governance, Concluding Remarks...

Objective: promote and expand trade in reinsurance services, not only for the sake of trade but also for stability reasons. Recognition may be a powerful means of facilitating access to foreign markets...

Financial Services Plurilateral Request; The Recent CTFS Meetings; CTFS Informals; CTFS Mandate; Status Quo in CTFS...

background; financial services and regulation; trade agreements and the regulatory interface; current crisis and its implications; potential lessons for reform...

Trade in Financial Services:• Highly regulated sector• Sector opened in last quarter of 20thcentury• Some sub-sectors operate on aglobal basis• Market share of foreign-ownedinsurance companies in Europe 41%,Latin America 47% and Asia 12%...

Measuring Financial services production in the economy. Difficult to measure...Only some charges are directly invoiced...

Viewing the challenges from 3 perspectives: Demandeurs, Targeted countries, Systemic...