Rules and regulation take centre stage at Asia Risk Congress 2010

Regulation was a central theme at the Asia Risk Congress 2010, as speakers and delegates discussed the impact of new financial stability rules coming into effect during the next several years, as well as the opening up of important markets such as Hong Kong’s role as a centre for offshore renminbi. Asia Risk staff report


The Asia Risk Congress 2010 on November 16 followed hot on the heels of the G-20 summit in Seoul that ratified Basel III and a raft of new regulatory initiatives aimed at safeguarding the financial system in the future. Not surprisingly, regulation was a central topic of conversation at the Congress.

Keynote speaker Jong-Goo Yi, commissioner at the Korean Financial Services Commission, told delegates that while the G-20 summit might not have dispelled fears of an escalating currency war, it was

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