TR Exec: "Third-Party Pricing Has Missed Out On Regulatory Push in Asia"
The adoption of independently sourced pricing has not received the same boost from regulations in Asia as it has in Europe and the US, an executive from pricing and data vendor Thomson Reuters told delegates at this week's Tokyo Financial Information Summit.
Nick Underwood, Hong Kong-based pricing development manager at Thomson Reuters' pricing service, said the use of Financial Accounting Standard 157 and International Financial Reporting Standards has driven adoption of third-party pricing in
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