Asia Pacific: Remember the emerging markets

Author: | Published: 23 Feb 2015

Far-reaching regulatory reforms have a mixed track record in taking into account developed and emerging markets' different needs – often, they lean towards the latter.

The end of 2014 prompted a deluge of consultation papers on global regulations, from the Financial Stability Board's (FSB) consultation on total loss-absorbing capacity (TLAC) and the European Securities Markets Authority's (Esma) 1600-plus page paper on the Markets in Financial Instruments Directive II (Mifid II). And jurisdictions are still grappling with...