Asia regulation growth tipped to exceed global average

Asia’s regulatory environment is expected to see significant developments over the next five years, according to fund industry players. The pace of change in Asia is expected to outstrip the global average, but the lack of regional coordinating bodies are likely to add to the complexity. Meanwhile the industry executives overwhelmingly believe that Hong Kong-China mutual recognition will see the greatest success out of all the Asia passporting schemes. At the FundForum Asia in…