Asia Pacific: Preparing for contagion

Author: | Published: 8 Jul 2014

Compared to the US and EU's established financial services regimes, Asia's regulators have largely been ignored by those beyond its borders. That began to change last year, when the region's supervisors begun asserting their extraterritorial authority. China's Ministry of Commerce (Mofcom) has attracted the most attention, delaying the merger between Glencore and Xstrata and recently blocking a three-way freight merger.

But others are quickly joining them at the forefront. James Shipton, director of intermediaries at Hong...