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  • Peru cooperatives bill signed into law

    7/18/18
    Peru's President Martín Vizcarra signed into law a bill that authorizes financial services watchdog SBS to regulate the country's loans and savings cooperatives. SBS chief María Socorro del Heysen has welcomed the new legislation. ...

  • Reaching for regtech in Latin America

    7/13/18
    By Dino Sani, head of treasury services Latin America at BNY Mellon In efforts to avoid a repeat of the 2008 financial crisis, regulatory bodies have placed demands on banks to provide copious volumes of risk data for compliance....

  • Chile Watch: Santander, Bci, Orionx

    7/13/18
    The board of Santander Chile appointed former central bank president Rodrigo Vergara as an independent director and first vice president. Vergara (pictured) led the central bank from 2011-16 and was a part of President Sebastián Piñ...

  • Macro Watch: Peru

    7/13/18
    Monetary policy makers in Peru held the key interest rate steady at 2.75%. Annual inflation was running at 2.28% in June, within the central bank 's target range of 1.0-3.0%. Economic activity indicators "show clear signs of...

  • Reaching for regtech in Latin America

    7/13/18
    By Dino Sani, head of treasury services Latin America at BNY Mellon In efforts to avoid a repeat of the 2008 financial crisis, regulatory bodies have placed demands on banks to provide copious volumes of risk data for compliance....