Outlook 2021: The best of Washington, the worst of Washington, Alder sets out challenge for global regulators
Monday 21 December 2020 – Vol.11 Ed.52.1
Outlook 2021: The best and worst of Washington
By Christopher Smart in Boston
Markets got a good reminder at the end of 2020 of what governments do and don’t do well. The US government looked at its very best as it began the distribution of Covid-19 vaccines. The Trump administration and the world’s leading pharmaceutical firms delivered unexpectedly effective protection and a breathtaking rollout. But America’s political divisions were also on full display. Even if a stimulus bill passes at a level below $1tn, the debate on how fast to withdraw US support next year has already begun.
Read the full commentary on the website.
Commentary: Alder sets out challenge for regulators
By Brandon Chye in Singapore
Anticipating and managing risks in the non-bank financial sector has become a pressing issue during the Covid-19 crisis, according to one of the world’s leading financial regulators. Ashley Alder, CEO of Hong Kong’s Securities and Futures Commission, told an OMFIF roundtable that regulators were alert to the financial sector’s heightened reliance on technology too. Alder also said 2020 had been a ‘tipping point’ in sustainable finance.
Read the full commentary on the website.
