Buba's Weber on market transparency

Transparency-enhancing regulation is needed to restore confidence among market participants, said Axel Weber, the president of the Bundesbank.

Speaking at the Bank Negara Malaysia's 50th anniversary in Kuala Lumpur, Weber said that one issue was the lack of market standards in the securities market and a "central data portal" was needed. He said that market participants needed an easy access to information on transactions, the underlying asset portfolio and further transformation of the

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