Dodd-Frank will hit Asian banks onshore in the US

Dodd-Frank will require some foreign banks to set up intermediate holding companies for their US operations and also subject them to enhanced liquidity, supervision and stress testing. How will Asian banks be affected given the flow of US dollars from these operations to Asia?

Dodd (r) and Frank, the architects of the eponymous bill

Ignoring Dodd-Frank isn’t an option for Asian banks. As one senior figure from the Hong Kong office of a major US firm says: “They need to thoroughly check their exposures – any of my Asian counterparties which don’t investigate whether trading with me brings them into contact with Dodd-Frank isn’t doing their job.”  

Market moves suggest that most Asian banks are in fact working furiously to understand the extraterritorial impacts of an act which although born in the USA has a global impact. For

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here