ICFR: Asia not Immune from Euro Crisis

Release date: 07 Dec 2011

7 December 2011. In a speech at the British Chamber of Commerce in Hong Kong, the Chief Executive of the International Centre for Financial Regulation (ICFR) will warn on 7th December that the Eurozone crisis is having a profound impact on economies across Asia, and argue that Asia needs to play an enlarged role in international policy-making, such as the G20 and the Financial Stability Board, in order to ensure that regulatory convergence is appropriate for Asia and takes into account different levels of financial development in economies.

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