Thank you Mark for inviting me to speak at your conference this year.
Today I want to talk about problems which still affect the regulation of cross-border finance, especially our favourite subject of extraterritorial rulemaking.
I’ll try to look at this from two viewpoints. First, a global one, mainly looking at the lessons learned from the International Organization of Securities Commissions’ (IOSCO) Task Force on Cross-Border Regulation, which I chaired over the last two years, and which issued its public report in September. And I’ll also speak about these issues more from an Asian perspective.
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