The overhaul of the tax system will likely translate into increased growth. Meanwhile, financial institutions will have to readjust to the new regulation which imposes a cap on interest rates for revolving credit card operations. 

As laid bare by stress test results, relevant credit growth in China is unlikely as it could further undermine banks’ loss absorption capacity.

With giant Wall Street banks set to publish results over the following week, Michael Klimes looks at what analysts expect.

Indonesia’s financial watchdog expects all banks to start scrutinising their carbon-intensive loan books more closely for climate risks, but accurate emissions data remains challenging.

If 2023 was about regulators clamping down on greenwashing and the overuse of terms such as ‘green’ and ‘ESG’, will 2024 be about bringing greater clarity around transition finance?

On January 1, 2024, the EU’s Corporate Sustainability Reporting Directive came into force. But what is it, and what do you need to know about it? 

In spite of the new Consumer Duty guidelines, banks are still struggling to meet customers’ needs and are not working hard enough to protect their finances in the midst of a cost of living crisis. What can firms do to change that?

The Dominican Republic registered one of the best growth rates for Latin America and the Caribbean’s larger economies in 2022, and, while 2023’s will be lower, the country has strong macroeconomic fundamentals and a diversified economy.

The banking system is solid but credit penetration is still low.

In April 2023, the European Commission presented a legislative proposal to update the 2014 bank crisis-management framework. The new rules, despite not being finalised, are already causing a stir among practitioners and banks.