Multilateral development banks (MDBs) are an innovative institutional model to channel financing and knowledge to developing countries. In Latin America, the balance of forces between competition and collaboration among MDBs and other sources of development finance have formed a system that is...

This paper argues that investor reluctance to make long-term commitments to Latin American financial markets results from experience. In the 1980s, while ex ante real interest rates on Latin American financial assets were usually high, ex post real interest rates were often highly negative. In...

Cities are made of people, by people and for people. Sustainable measures will have to make sense to inhabitants of cities, making their life more liveable. Furthermore, it is people who drive sustainability and who are its ultimate source and beneficiaries. This vision underpins the notion of...

The first global benchmark study of the RegTech sector by the Cambridge Centre for Alternative Finance, conducted with the support of EY Japan, is based on a survey of 111 firms as well as regulators and industry experts. We estimate that the global RegTech industry generated $5 billion in...

Modern data and information technologies are having a profound impact on financial services and opening new frontiers in regulation. This article explores the deployment of technology to embed regulatory objectives within the management and decision-making processes of financial firms....

Although sovereign wealth funds (SWFs) are invariably profit-seeking in orientation, a large proportion pursue a “double bottom line” wherein investments are simultaneously used to advance so-called “strategic” national developmental objectives. This paper seeks to dissect the potential...

The Basel Accord has often been regarded as one of the most successful forms of international regulation due to the high level of compliance from various actors despite the lack of direct repercussions. International financial regulation as a form of soft law is able to exert a power over actors...