Article
Regulatory reform
The Asia Pacific state of play
This paper, from the Deloitte Asia Pacific Centre for Regulatory Strategy, sets out the key elements of the financial services international reform agenda and the application of these in the Asia Pacific region.
In the seven years since the onset of the financial crisis, regulation has emerged as a major strategic consideration for financial services firms. The reform agenda has fundamentally recast market structural parameters, such as those for banking services and over-the-counter (OTC) derivatives, and extended the regulatory perimeter to activities such as credit ratings and benchmarks.
While many reforms have been completed, our review of the current regulatory agenda indicates that it will remain full in coming years, particularly as existing standards are recalibrated or new topics of attention arise.
This paper, from the Deloitte Asia Pacific Centre for Regulatory Strategy, briefly sets out the key elements of the current international reform agenda and highlights the application of these in the Asia Pacific region. It is organised around the major work-streams of the Financial Stability Board (FSB).
The Deloitte Asia Pacific Centre for Regulatory Strategy
Through regular dialogue with regulators and financial institutions across the region, and in collaboration with Deloitte’s global network, including its existing Centres in EMEA and the U.S., the Deloitte Asia Pacific Centre for Regulatory Strategy provides clients with critical insights and advice on managing the aggregate impact of regional and international regulatory policy. Click here for more information on the Centre.