De-risking
It is essential to have secure, stable monetary and worldwide payment frameworks that reduce exposure to Money Laundering and Terrorism Financing (ML/FT), while permitting access to markets and customers from vulnerable economies that are seen as high risk. To accomplish this, all partners, including governments, national regulators, multilaterals, and worldwide banks, must help national respondent banks in building up their risk and compliance structures, enhancing training for front-line officers, and upgrading current back office frameworks. This will assist them to maintain existing connections between global banks and their local respondents.
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| Format: | Policy Briefs biblioteca |
| Language: | English |
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Inter-American Development Bank
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| Subjects: | De-Risking, Correspondent Bank, Financial Service, Financial System, Financial Risk, Money Laundering, G20 - Financial Institutions and Services: General, G21 - Banks • Depository Institutions • Micro Finance Institutions • Mortgages, G28 - Government Policy and Regulation, financial systems;De-risking, |
| Online Access: | http://dx.doi.org/10.18235/0008460 https://publications.iadb.org/en/de-risking |
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