Emerging market volatility not a sign of crisis, says Malaysian supervisor

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An outflow of foreign cash from emerging markets during the past few months does not mean another financial crisis is brewing, and comparisons with other emerging markets shocks are "unduly alarmist", according to Malaysia's top securities regulator.

Speaking at the International Organization of Securities Commissions (Iosco) annual conference in Luxembourg this week, Ranjit Ajit Singh, chairman of the Securities Commission Malaysia, said emerging markets have undergone major structural reform

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