Most big Asian banks will be exempted from a planned new global regulatory regime under the latest proposal for the industry from the world’s leading economies which aims to prevent another financial crisis.
People briefed on the agenda for the G20 summit, which begins in Seoul on Thursday, said officials have concluded that global regulators should focus on big banks with global businesses, stripping out domestically focused institutions without the reach of the industry’s cross-border giants.
According to this criteria, many big lenders in countries such as Japan and China, with a limited presence abroad will be exempted, leaving domestic regulators to deal with them as they see fit.
您已閱讀34%（692字），剩余66%（1348字）包含更多重要信息，訂閱以繼續(xù)探索完整內(nèi)容，并享受更多專屬服務(wù)。