Asia is faced with liquidity fragmentation in the swaps market
Services Agency (FSA) and Korea’s Financial
Services Commission signed on November 20 a memorandum of
cooperation regarding financial supervision.
The memorandum will see the
authorities enhance their cooperation in the future.
The pledge follows last
week’s G20 meeting and Mark
Carney’s, chair of the Financial Stability
Board, call for greater cooperation between G20
Asian regulators have largely taken a
piecemeal approach to their G20 obligations.
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.