The banking industry in Peru is nascent but stands to benefit from planned government measures, explains Alex Contreras, minister of economy and finance.

Policy-makers are making a concerted effort to steer the financial sector away from supporting fossil fuel producers, creating opportunities for new lenders, but some worry about the impact on the global economy.

With AML compliance at the top of the FCA’s enforcement agenda for this year, we highlight important focus points for banks and other regulated firms operating in the UK.

Understanding the efficiency-draining barriers between banks’ departments, let alone breaking them down, requires a personal approach.

As Asia looks towards greater levels of connectivity, banks are struggling to work out how to operate within ever more stringent data protection laws.

In the race for ‘turbocharged’ economic growth, is the UK putting its reputation for gold-plated financial services rules, which kept risky behaviours in check, on the line? 

Ongoing research finds “a feeling of trust in a country’s population is a vital component in a bank’s decision to lend to a government”.

It is tempting to dismiss the UK government’s plans to scrap banker bonus caps, reintroduce a competitiveness mandate for regulators and to potentially dilute conduct rules to turbo charge the City of London’s growth as a return to casino capitalism. The reality is somewhat more nuanced.

The gilt market spiral in September, which created a material risk to UK financial stability, has brought defined benefit pension schemes under greater regulatory scrutiny.