Delivery of the study on the Financial and insurance services restrictiveness in Thailand

The Foreign, Commonwealth and Development Office ("the Authority") is seeking to appoint a delivery partner to conduct a study on the Financial and insurance services restrictiveness in Thailand

Financial Services are a key sector for UK exports and a Relative Comparative Advantage for the UK. According to the OECD Services Trade Restrictiveness Index of 50 countries, Thailand has the 3rd most restrictive market in Commercial Banking (0.423) and 1st in Insurance (0.557). In this regard, we would like to understand in further detail the precise nature of the restrictions, the rationale/drivers for Thailand's restrictiveness in these sectors and how the UK's government can help to reduce this restrictiveness - with the aim of increasing the UK's exports for service industry into Thailand.

The report/study should identify the tangible and realistic areas (including a set of short/long term recommendations) for the UK government to work on to improve/reduce the restrictiveness in financial and insurance sectors provided on the evidence-based information, including desktop research and interviews with businesses, experts, academics, and regulators.

Further details on the requirement, how to submit a proposal and how this will be evaluated can be found in the attachment area of this notice