Courtney Fingar interviews the finance ministers of Cape Verde, Rwanda and Senegal at the IMF-World Bank annual meetings. Read the round-up

The EU has finalised a new directive regulating private equity and hedge funds. But how it differentiates between EU and non-EU managers could have serious implications reports Polly Botsford

As Switzerland opens up its insurance and reinsurance markets, more and more global players in the sector are locating in the country, causing murmurs of concern in traditional European hotspot London

A culture of caution served Canada’s financial sector well in the credit crisis. Now Ontario’s banks are in expansionist mood, buoyed by recent tax breaks, reports Karen E Thuermer

As the global economic balance of power shifts from west to east, international financial centres in Asia are growing in prominence at the expense of their developed world counterparts. But is this shift a permanent one?