The annual Microscope global report on financial inclusion provides a kind of open-source regulation for fostering the right environment to give everyone access to banking and credit services, wherever they are, writes Michael Schlein, president and chief executive of Accion.
The Bracken column
The Bracken column is named after Brendan Bracken, the founding editor of The Banker in 1926 and chairman of the modern-day Financial Times from 1945 to 1958.
Latest articles from Bracken
The knee-jerk reaction from Germany overlooks the potential benefits of an EU-wide deposit insurance scheme for the whole European banking system.
Improvements in professional culture in banking must come from within, not just from regulatory pressure.
Understanding the behaviour of different participants during a shock is an essential first step to improving the resilience of financial markets to sudden periods of illiquidity.
EU bank regulation should be applied consistently on a proportionate basis that reflects the size and business model of the banks being regulated.
The International Chamber of Commerce's banking commission is working to maintain a dialogue between banks, clients and regulators on keeping credit flowing to the real economy.
Psychometric testing could help boost financial inclusion by providing an alternative method of predicting the willingness to repay among borrowers with no credit history, according to Daniel Schydlowsky of the Alliance for Financial Inclusion.
A tougher regulatory approach to individual responsibility for anti-money laundering controls could put compliance professionals in a difficult dilemma if they do not have the support of their senior executives.
The Asian Infrastructure Investment Bank has the potential to reallocate both Chinese and Western savings into projects that will boost the global economy and satisfy China's aspirations for a leadership role.