Asia’s regulatory regimes have always been widely different to each other, and that state of affairs looks as if it is persisting after the current crisis, to the possible detriment of the region as a whole. While there is a positive aspect to the region’s financial market supervisors taking action on a range of issues without waiting for the glacial-by-comparison deliberations in the west, it does mean more hard work for investors in trying to make sense of the chaos.
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