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October 27, 2012

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I also think that this financial reforms are really so important and very necessary for the worldwide financial industry. If every country follows these financial reforms then we can control the debt problem and financial crisis problem very soon.

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Global financial reform is becoming a basic need for the world, I think that we all must understand the important and need of this financial reforms and we all countries must accept this cross border integration. This could be a great step to improve our financial condition.

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Government of Asian countries should understand that Cross-Border Integration would be really beneficial for our countries. Global financial reform is also very important for the growth of our economy.

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G-20 has done a good job that they made a good regulation that now all rating agencies will be regulated as well as supervised by all major jurisdictions. Now credit rating agencies need to be in limitation.

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Financial reforms and cross border integration is really very important for our countries, especially for Asian countries. Asian countries should understand it’s value and should apply it seriously.

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