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LIAJ Supports Japan’s Candidacy for Hosting the IFIAR Permanent Secretariat in Tokyo
2 September, 2015
The Life Insurance Association of Japan, LIAJ (Chairman: Yoshinobu Tsutsui, President of Nippon Life Insurance Co.) strongly supports the Financial Service Agency (FSA) and the Certified Public Accountants and Auditing Oversight Board (CPAAOB) in their candidacy for hosting the Permanent Secretariat of the International Forum of Independent Audit Regulators (IFIAR) in Tokyo.
The IFIAR plays an important role in maintaining and improving the quality of auditing on a global basis, thus it is about time to establish a Permanent Secretariat for further development. The LIAJ believes that Tokyo is the ideal location for the Permanent Secretariat because of Tokyo’s largest capital market in the steadily-growing Asia-Oceania region, excellent social infrastructure including transportation and communications, and additionally, its aim to establish itself as an international financial center.
The LIAJ will actively support the FSA and CPAAOB’s efforts toward hosting the Permanent Secretariat in Tokyo in cooperation with various parties.