Office of the Securities and Exchange Commission (SEC) has joined the International Organization of Pension Supervisors (IOPS)
governing member since its inception in July 2004. As a member, the SEC has
extensive opportunities to observe and study other members' practices on
pension supervision. This assists the SEC to further enhance pension
supervision in Thailand
to be on par with international standards.
International Organization of Pension Supervisors (IOPS) is an independent international
entity founded with the purposes of standardizing pension supervision, promoting
borderless cooperation among pension supervisors and regulators and providing a
forum for exchange of information regarding supervisory policies. Currently, the
IOPS has more than 40 members in 30 countries worldwide.
Founded in July 2004, the IOPS
was initiated by the International Network of Pension Regulators (INPRS), an
informal network of pension supervisors and regulators supported by the
Organization for Economic Co-operation and Development (OECD). To better serve
the expanding circle of pension regulators, the INPRS later introduced the
formation of the IOPS as a worldwide forum for supervisory issues and
comprises three types of memberships as follows:
entities responsible for pension supervision of members' own country. They have
the right to access all activities of the IOPS as well as voting rights on
governmental or international authorities responsible in whole or in part for
pension regulations or policies and any international governmental organization
that has a direct, institutional interest in pension supervision. Associate
members can join only Technical Committee Meeting, Regional Committee Meeting
and Research Committee Meeting and are not entitled with voting rights of any
other entities interested in pension supervision. They can join only Technical Committee
Meeting and Regional Committee Meeting without voting rights.
IOPS projects during 2006 are as follow:
Core elements of a risk-based
approach to pension supervision and strategic planning.
Supervisory education, outreach
and communication, including training of trustees.
Guidelines for compliance with
the licensing of pension funds.
Database of supervisory structures.
Cross-border pension supervision.
Utilization of IT technology
in off-site supervision.
as an IOPS member, has collabolated with IOPS in the following