Fresh thinking on growth and development in Asia and the Pacific

Regional Financial Regulation in Asia

Event | 5 September 2013 ADBI, Tokyo, Japan


ADBI's Seminar Series brings eminent persons to ADBI to encourage debate among policymakers, researchers, academics, think tanks, and other audiences interested in economic development challenges in Asia, the Pacific, and Europe.


Peter Morgan joined ADBI in December 2008. Previously he served in Hong Kong, China as Chief Asia Economist for HSBC, responsible for macroeconomic analysis and forecasting for Asia. Before that, he was Chief Japan Economist for HSBC, and earlier held similar positions at Merrill Lynch, Barclays de Zoete Wedd, and Jardine Fleming. Prior to entering the financial industry, he worked as a consultant for Meta Systems Inc. in Cambridge, Massachusetts, specializing in energy and environmental areas, including energy policy issues in Asian countries, and at International Business Information KK in Tokyo, specializing in financial sector consulting.

His research areas are in macroeconomic policy and financial sector regulation and reform. Recent publications include "The Role and Effectiveness of Unconventional Monetary Policy" and "Unregulated Entities, Products and Markets: Challenges for Monitoring and Regulation." He earned his MA and PhD degrees in economics from Yale University.


This paper examines the potential roles and institutional implementation of regional financial monitoring and regulation in Asia. The paper first examines the experience of regional financial regulation, focusing on that of Europe, the region where economic and financial integration has progressed most, and Asia. It then identifies various challenges of regional financial regulation and provides recommendations for strengthening institutions of regional financial monitoring and regulation.


Policymakers, academics and the general public.