Regulatory reform puts risk management under threat in Asia

Risk management under threat


Well-intentioned global regulatory reforms being introduced around the world following the 2008 global financial crisis pose a myriad of issues for Asia Pacific’s over-the-counter (OTC) derivatives markets. The changes taking place around the world include G20 commitments, US Dodd-Frank legislation, European Market Infrastructure Reform (Emir) legislation, the Markets in Financial Instruments Directive (Mifid) review, and the Basel III Capital Accord reform. It is almost certain the sco