Asia resolution rules risk conflict with G-Sib home regulators
Branches fear local regulators could ask banks for confidential home market information
New recovery and resolution rules in Asia could bring global bank branches into conflict with their home regulators, unless more guidance is provided about what information banks need to include in their local recovery plans, global banks are warning.
"You could understand why they would ask about your strategy in Hong Kong – that would be very fair to ask – but they could also ask you about your
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