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Correspondent banking fades; de-risking gets the blame

In recent years, these financial relationships have declined most significantly in Eastern Europe, Africa, the Caribbean, Latin America, and the Pacific locales of Melanesia, Micronesia, and Polynesia. The decline, the FSB says, is a concern because it may …

Source: Bing News : https://www.complianceweek.com/news/news-article/correspondent-banking-fades-de-risking-gets-the-blame

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