In Asia, commercial banks are already playing an important role in the corporate bond market as issuers, underwriters, investors, and guarantors. This reflects banks' dominance of their financial markets, their high reputation, and the informational advantages they enjoy. Thus, banks should be...

Regulation is no longer an isolated discipline – in recent years it has become a key strategic factor for financial intermediaries competing in an increasingly globalised and interconnected world marked by exchange of information and international cooperation. Applied regulation means...