Financial regulation
GC considers key themes among the regulatory approaches of South American countries to the financial sector.
In line with the rest of the world in the wake of the Global Financial Crisis, the last decade has seen South American countries apply increased regulatory scrutiny. Unsurprisingly, the financial sector has been at the epicentre of a wave of regulatory reforms sweeping across many of the region’s biggest economies.
‘It is estimated that there is a new law, norm or regulation issued in the country every two minutes,’ says Claudia Politanski, vice president of legal at Brazil’s Itaú Unibanco.
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