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Search Result for “regulation”

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OPINION

Uncertainty cast over Asia banks

News, Prasarn Trairatvorakul, Published on 10/07/2012

» The future of the banking industry in Asia and at the global level is being shaped by three major forces, namely, the fragile world economy, international financial regulatory reforms, and the rise of Asia which faces its own development challenges.

OPINION

Bank sector needs trust (and scepticism)

News, Prasarn Trairatvorakul, Published on 27/04/2012

» Trust is the cornerstone of the financial industry. But it should also be added that trust alone is not enough. We also need to have a good dose of healthy scepticism. The reason for this is that we must avoid, on the one hand, overly trusting market mechanisms or, on the other hand, overly trusting in regulation. This is because of the rapid changes in the financial system and how risk is transmitted.