Regulation Asia: G-20 commitment to reform is in jeopardy

09 July 2014

GFMA CEO Kenneth E Bentsen Jr writes that a commitment made in 2009 by leaders of the Group of 20 nations to improve financial regulation is at risk.

"Given that today's global markets are inextricably linked, it is vital that global financial activities be regulated in a coordinated manner across borders," Bentsen writes. "While there is publicly stated support for this basic principle around the globe, we continue to see instances of duplicative, confusing and contradictory regulation being proposed and applied across borders in the marketplace."

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