Apr 2018
Author(s): Grenade, Kari; Wright, Allan
Risks from climatic changes, advances in financial technology, de-risking activities by correspondent banks, and changing lifestyles and expectations of millennial customers are deemed to be macro-…
Feb 2017
Author(s): Wright, Allan; Kellman, Bradley
De-risking has the potential to develop into a threat to Barbados posing a challenge to the country's continued development and economic stability if left unchecked. Early indications are that…
Nov 2016
Author(s): Wright, Allan
It is essential to have secure, stable monetary and worldwide payment frameworks that reduce exposure to Money Laundering and Terrorism Financing (ML/FT), while permitting access to markets and…
Apr 2015
Author(s): Schmid, Juan Pedro
The worldwide fight against money laundering (AML) is escalating. Individuals and businesses that conduct and depend on legitimate international financial transactions are feeling the impact of…
Jan 2013
Author(s): Galindo, Arturo; Rojas-Suárez, Liliana; del Valle, Marielle
The importance of having in place a financial regulatory framework that includes macro-prudential regulations was fully recognized during the recent global financial crisis. A central lesson from…
Oct 2012
Author(s): Cavallo, Eduardo A.; Fernández-Arias, Eduardo
Europe faces challenges reminiscent of Latin American financial crises. The failure of recent liquidity support to normalize the situation in Europe suggests the need to refocus the policy debate on…
Feb 2010
Author(s): Cavallo, Eduardo A.
While public debt ratios in Latin America increased in 2009 amid the global financial crisis, they remain below levels reached following the Asian and Russian crises of the late 1990s. Moreover, debt…