Asean states urged to relax bond, insurance rules
Sun Life's Asia CIO says the region's patchwork of risk-based capital rules and bond-pricing methods is problematic for insurers and prevents the development of a regional debt market.
Asean regulators should liberalise insurance and debt-market rules to develop institutional investment flows within the bloc, argues Michael Manuel,* Manila-based Asia CIO for Canadian insurer Sun Life Financial.
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