As Russia contemplates a restructuring of its creaking pensions system, investors expect a positive effect on the securities market with the introduction of private individual pension capital accounts. However, the market is still immature and many decisions on reform are still to be made. Stefanie Linhardt reports from the International Financial Congress (IFC) in St Petersburg. 

Foreign demand for Colombia’s peso-denominated bonds has been a boon for a country struggling with low commodity prices. But for how long will market confidence stay high? Jacopo Dettoni reports.

Chinese outbound M&A boomed in 2016, but then macroeconomic imbalances and a growth in potentially speculative investment sparked regulatory tightening to contain flows. So how is the market faring in 2017? Stefania Palma investigates.

Following the 2008 global financial crisis, Pakistan Stock Exchange former managing director Nadeem Naqvi was recruited to steer a course via consolidation and regulation of the regional exchanges, and regain emerging market status for the PSE and oversee its listing. Edward Russell-Walling reports. 

Created in 2012, Latam has become Latin America’s leading airlines group. Efforts to manage its debt suffered a false start in 2016 but, as David Wigan reports, earlier this year its bond offering took off.

Steven Maijoor, the chair of the European Securities and Markets Authority, talks to Danielle Myles about preventing a post-Brexit regulatory race to the bottom, overhauling the equivalence regime, and the importance of supervisory convergence in building a capital markets union. 

Japan's private equity market may contribute only a small percentage of the country's GDP but, amid a sluggish economic revival, there are signs it is beginning to have a greater influence, reports Stefania Palma.

The US is the most important market for investment banks, a fact not lost on the European players ramping up their activity in the country. Jane Monahan looks at how these institutions are competing against their American counterparts.