This Perspective surveys the state-of-the-art and future prospects of science and technology employing the nanoconfined light (nanophotonics and nanoplasmonics) in combination with magnetism. We denote this field broadly as nanoscale magnetophotonics. We include a general introduction to the field and describe the emerging magneto-optical effects in magnetoplasmonic and magnetophotonic nanostructures supporting localized and propagating plasmons. Special attention is given to magnetoplasmonic crystals with transverse magnetization and the associated nanophotonic non-reciprocal effects, and to magneto-optical effects in periodic arrays of nanostructures. We give also an overview of the applications of these systems in biological and chemical sensing, as well as in light polarization and phase control. We further review the area of nonlinear magnetophotonics, the semiconductor spin-plasmonics, and the general principles and applications of opto-magnetism and nano-optical ultrafast control of magnetism and spintronics.
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