Sunny Chhabria, CFA Head of Enterprise Data Sales APAC, Bloomberg L.P.
While select global regulation is being widely implemented, the diverse economies and jurisdictions of Asia Pacific are introducing additional rules unique to their markets, focusing on specific aspects of global regimes.
Recent regulatory changes in Asia focus on liquidity risk management, fair valuation and best execution. Consistent with global themes, there is call for enhancing the quality of data management to achieve better market and transaction transparency.
These changes constitute not only new challenges for firms, but also opportunities for innovation, engagement with global markets, and securing competitive advantage while the rest of Asia’s regulatory framework continues to evolve.
Compliance in Asia and around the world will only become more complex, nuanced and diverse in years to come. The time is ripe for firms to identify and employ the tools they will need to effectively navigate these local, regional and global regulatory environments—and enjoy the boost to productivity that comes with more streamlined, transparent and integrated compliance.
Best wishes,