regulation

Responding to the latest assessment of Mexico’s implementation of the Basel III recommendations, the Mexican authorities argued that regulations for countries hosting foreign banks’ subsidiaries and for the parent countries of the subsidiaries should be aligned “in order to prevent...

Just as Basel III, among other factors, played a role in the decline in the volume of cross-border lending from advanced economies to EMDEs, it created incentives for a shift in the composition of these flows. Banks’ exposures to certain business lines have been a...

Basel III is the most extensive, post-global crisis financial regulatory standard to date, but it is rarely discussed by development economists. This is a major oversight.

Many factors could be cited for the low ratios of financial inclusion in Latin America, but in a recent paper we focus on the potential role of financial regulation. We assessed and compared the quality of the policies and regulations that impinge on financial inclusion in eight Latin Amer...