Rick Holliday-Smith told the ASX AGM global reforms are having impact
The chairman of the Australian Stock Exchange group has
become the latest to warn about the impact of the global
implementation of the G20 principles, suggesting the regulatory
roll-out will create regional "winners and losers".
Speaking as the Australian exchange’s annual
general meeting on Tuesday, Rick Holliday-Smith said: "New
global regulations are continually being introduced to reduce
the risk in financial markets. An example is the commitment by
regulators to adopt common capital standards and other
regulations for clearing houses that manage the risk of
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.