Central bankers must improve communications with the public if they are to combat charges of elitism, Raghuram Rajan, former governor of the Reserve Bank of India, tells The Banker.

Italy’s financial challenges are far from unique, and are in fact shared by some of its neighbours, writes Giorgio Di Giorgio of the Arcelli Centre for Monetary and Financial Studies.

Just as the global banking order has changed in the past decade, the next 10 years will see a radical transformation of the industry, predicts Xavier Vives.

Europe's member states need to trust that both they and the region's banks have the necessary risk reduction in place if the banking union is to succeed, writes Timothy Buenker of the European Banking Federation.

In a climate of increasing caution around data sharing, David Gardner of law firm TLT asks how banks can reconcile new initiatives with the need to safeguard customer information.

Increasingly tough and complex Russian sanctions carry many hidden risks for lenders, write Collyer Bristow’s Robin Henry and Anna Battams.

The post-crisis focus on ensuring systems are separated by internal risk ‘buffers’ is being questioned, as distributed ledger technology promises to bring benefits to banks, regulators and businesses. But can anything interconnected also be safe? Dixit Joshi investigates.

It is up to academics and policy-makers to educate the public on the benefits of greater state control of money supply, says Martin Brown, professor of banking at the University of St Gallen.

The General Data Protection Regulation is now here, and financial institutions need to ensure they are fully prepared if they are to avoid major fines. Adam Mertz gives his checklist for compliance.

The Basel Accords oblige banks to use two methods to measure and limit risk – value at risk and expected shortfall – but research shows these are insufficient to curtail the behaviour of rogue traders. Damiano Brigo and John Armstrong suggest a different approach.