The financial health of East Asia is of tremendous importance to the whole world. This has been dramatically illustrated by the continuing effects of the recent financial crisis in the global economy. A crucial factor in the economic difficulties has been the nature of financial deregulation in Asia. This volume brings a wealth of detail and analysis to the topic, but presents it in an accessible and digestible from. It traces the changing structure of financial regulation, the interplay of capital flows and the implications for the design of prudential systems. The authors also focus on issues related to regional finance integration, developments in equity markets and the relative position of some regional financial centres. Asia-Pacific Financial Deregulation brings together leading experts from financial institutions in the region as well as the academic world. It includes a range of opinions form different viewpoints that deliver a mine of information at both regional and national levels. Wissarn Pupphavesa. Gordon de Brouwer Stijn Claessens World Bank. Jai-Dong Shea Bank of China in Hong Kong. Sun Bae Kim Goldman Sachs (Asia) L.L.C. Masahiro Kawai