Asia braced for Trump extraterritorial impact
Doubts about pan-Asian response to any increase in Western financial protectionism
Asian financial market participants are being warned to expect more extraterritorial intervention by US regulators under the administration of Donald Trump, despite his early pledges to roll back the Dodd-Frank Act.
"Both Brexit and the election of Donald Trump certainly indicate the rise of populism, [and] as a consequence of that, you could get more extraterritoriality rather than less, because markets are going to be concerned about importing risk into their marketplace," said Larry Thompson
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