IIF Authors

Status: Will be live at 08/10/2016 00:00

IIF Comments on FATF Consultation on Correspondent Banking and De-Risking

Wednesday, August 10, 2016

The response emphasizes the need for the official sector to provide as much clarity as possible to the industry regarding regulatory expectations for correspondent banking , in order to reduce the costs, compliance and reputational risks that create incentives to "de-risking".'