Skip to main content

Newsroom

October 3, 2011

Asia to clamp down on regulatory arbitrage

Asian regulators will not allow derivatives traders to escape tough regulation by shifting over the counter business to regional markets from the US and Europe, Singapore’s regulator said.

Ravi Menon, managing director of the Monetary Authority of Singapore, said Asia Pacific financial centres such as Singapore, Hong Kong and Australia were fully committed to an international clamp down on OTC trading, declaring: “There is no room for regulatory arbitrage”.

The Financial Times

In the News
Share

MEDIA REQUESTS

For media inquiries, please contact us at
press@bettermarkets.org or 202-618-6433.

Contact Us

For media inquiries, please contact press@bettermarkets.org or 202-618-6433.

To sign up for our email newsletter, please visit this page.

Name(Required)
This field is for validation purposes and should be left unchanged.

Sign Up — Stay Informed With Our Monthly Newsletter

"* (Required)" indicates required fields

This field is for validation purposes and should be left unchanged.

For media inquiries,

please contact press@bettermarkets.org or 202-618-6433.

Donate

Help us fight for the public interest in our financial markets, protecting Main Street from Wall Street and avoiding another costly financial collapse and economic crisis, by making a donation today.

Donate Today