Report to the G20 on actions taken to assess and address the decline in correspondent banking

Report to the G20 on actions taken to assess and address the decline in correspondent banking

Report

Report to the G20 on actions taken to assess and address the decline in correspondent banking

In January this year, the FSB agreed to coordinate work to examine the extent and causes of banks’ withdrawal from correspondent banking and the implications for affected jurisdictions including for financial exclusion, and to identify possible policy responses to address this issue.

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