The global financial services industry during 2011 faces active rulemaking and a myriad of changes in derivatives regulations from the United States and European Union. For financial firms operating in the Asia-Pacific region, the effects of these proposed regulatory changes on derivatives markets are particularly unclear.
This article touches on some of the most-pressing concerns around new derivatives regulation for APAC-based firms and Northern Trust’s view of how some of these issues, such as clearing, reporting and margins, may develop.
Asia traditionally has stricter rule than EU and US market. This shown in the recent GFC where Asia stand relatively well compared to US counterpart. However, I agree that with many investment fund based in US and EU, reporting requirement those funds will be impacted.