Deutsche Bank has published a new white paper that provides some insights on the opportunities around the ASEAN securities post-trade environment.
The paper, “The head and tailwind effects of global reforms on the ASEAN post-trade environment”, says the ASEAN region has established strong momentum towards achieving its goal of becoming an economic community by 2015. Enhancing its identity is another stage in Asia’s growth. Today, ASEAN GDP amounts to USD 2.3tn.
The paper looks at the global reforms that will have a significant impact on ASEAN banking, finance and the securities servicing industry.
It concludes that to mitigate the risks coming from “unintended consequences”, it will be important to see cohesive ASEAN views on the different impacts of global reforms on the region’s initiatives and participants. “Ultimately, cooperation, transparency and consistency can reinforce the establishment of ASEAN as an asset class and promote an environment where regional financial market participation is not determined by the participant’s size itself.”