The turmoil in the financial services industry shows no sign of
abating. The worst dangers of the financial crisis have given way
to political and regulatory reaction on perhaps an unprecedented
scale.
But major uncertainties remain. Banks, insurers, investment
managers – all face a future which will be as different as it
is currently obscure. The focus of this edition of Frontiers in
Finance is on what can be done to forge forward in this
environment.
The articles in this issue review regulatory developments
from a number of perspectives. We look at growth prospects in the
insurance sector and in the massive but still emerging market of
Brazil. The operational issues addressed include how to guard
against rogue trading and how to implement effective customer
remediation when things do go wrong.
