Asia Risk Congress: Iosco's Singh calls for global regulatory institution

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A global regulatory institution needs to be established in order to tackle regulatory fragmentation and reduce the unintended consequences of extraterritorial and cross-border regulations, according to the deputy general of the International Organization of Securities Commissions (Iosco), Tajinder Singh. Speaking at the 2013 Asia Risk Congress in Hong Kong today, Singh said global regulatory frameworks for over-the-counter derivatives brought about by the Group of 20 nations and the Basel Com