We support Financial Action Taskforce work on de-risking drivers

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We support Financial Action Taskforce work on de-risking drivers

In July 2015, the Financial Conduct Authority (FCA) issued a statement supporting the Financial Action Task Force (FATF) in its ongoing efforts to address the complex drivers of "de-risking." De-risking refers to the practice where financial institutions terminate or restrict business relationships with entire categories of customers—such as charities, money transfer services, or correspondent…

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