Over the past decade, the number of active correspondents has decreased by over 20%. The retreat is global but some regions have been hit harder than others – often those that can afford it the least.
De-Risking happens largely with countries where governance and controls around financial crime are not considered strong enough.
Based on the latest data shared from BIS on the global retreat of correspondent banks, this webcast covers:
- The underlying impacts of De-Risking
- Achievements and lesson learned from recent cases
- The role of technology and big data in supporting financial inclusion
Access our webcast to hear from Brian Kindle from ACFCS, Saurav Banerjee from UBS and Dalbir Sahota from Accuity and learn more about your organization’s role into building a reliable correspondent-banking network, creating greater financial inclusion, while ensuring robust enhanced due diligence procedures are in place.