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Banking industry calls on Asia regulators to speak up

CEO of the Asia Securities Industry & Financial Markets Association wants a more united front in the face of US and EU regulators

The international banking industry has urged Asian regulators to speak out against aggressive US and European rules which threaten to disrupt the region's financial markets.

In a report on the future of the Asia capital markets published this morning, the Asia Securities Industry & Financial Markets Association said regulators in the region should forge a united front to more effectively rebuff US and EU encroachments upon their jurisdictions.

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