Print       Share


Signing of a Memorandum of Understanding between Bank Negara Malaysia and the Office of Insurance Commission, Thailand

Ref No : 12/17/14 18 Dec 2017 Embargo : For immediate release    

Governor of Bank Negara Malaysia, Muhammad bin Ibrahim and Secretary General of the Office of Insurance Commission, Thailand, Dr. Suthiphon Thaveechaiyagarn, today signed a Memorandum of Understanding (MoU) to enhance cooperation for mutually beneficial development of the insurance sector of both countries.
 
With growing financial linkages between Malaysia and Thailand, the MoU will support measures by the insurance regulatory authorities of both countries to promote effective and well-functioning insurance markets for the protection and risk management of individuals and businesses.
 
The MoU encompasses arrangements relating to mutual assistance, information exchange as well as cooperation in capacity building and technical assistance between the two regulatory authorities. The MoU marks an important milestone in the strengthening of collaborative arrangements between Bank Negara Malaysia and the Office of Insurance Commission, Thailand, in keeping with a long tradition of close regulatory and supervisory cooperation in the financial sector between Malaysia and Thailand.

For media queries, please contact:
 

Bank Negara Malaysia
Strategic Communications Department
Tel : (603) 2693 7982
Fax: (603) 2693 6919
 

Office of Insurance Commission Thailand
Mr. Udomkeit Sawathiparnich
Director of Policy and International Affair Division
Tel +662-515-3999 ext. 5619
Fax +662-515-3950


Bank Negara Malaysia
Office of Insurance Commission, Thailand 
18 December 2017

Secretary General of the Office of Insurance Commission, Thailand, Dr. Suthiphon Thaveechaiyagarn and Governor of Bank Negara Malaysia, Muhammad bin Ibrahim today signed a Memorandum of Understanding (MoU) on information sharing and supervisory cooperation.

 

© Bank Negara Malaysia, 2017. All rights reserved.