Archives - Correspondent Banking

• 18 March 2018 Chair sets out FSB priorities for the Argentine G20 Presidency

  FSB publishes Chair’s letter to G20 Finance Ministers and Central Bank Governors ahead of their meeting in Buenos Aires on 19-20 March.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Climate-related Risks, Correspondent Banking, Effects of Reforms, Financial Innovation, Governance, Non-bank financial intermediation, OTC Derivatives, Resolution and Crisis Management, Supervision and Risk Management, Vulnerabilities Assessments

• 18 March 2018 FSB Chair’s letter to G20 Finance Ministers and Central Bank Governors

  Letter from the FSB Chair to G20 Finance Ministers and Central Bank Governors March 2018 Buenos Aires meeting setting out the FSB agenda for 2018.

  Content Type(s): Publications, Reports to the G20 Source(s): FSB Policy Area(s): Climate-related Risks, Correspondent Banking, Effects of Reforms, Financial Innovation, Governance, Non-bank financial intermediation, OTC Derivatives, Resolution and Crisis Management, Supervision and Risk Management, Vulnerabilities Assessments

• 16 March 2018 FSB reports on correspondent banking and remittances

  Cover note sent to G20 Finance Ministers and Central Bank Governors as an update on the FSB work on correspondent banking and remittances.

  Content Type(s): Progress Reports, Publications Source(s): FSB Policy Area(s): Correspondent Banking, EMDEs

• 16 March 2018 FSB action plan to assess and address the decline in correspondent banking: Progress report to G20 Finance Ministers and Central Bank Governors meeting of March 2018

  Progress report to G20 Finance Ministers and Central Bank Governors updates on international efforts to implement the correspondent banking action plan.

  Content Type(s): Progress Reports, Publications Source(s): FSB Policy Area(s): Correspondent Banking, EMDEs

• 16 March 2018 Stocktake of remittance service providers’ access to banking services

  An assessment of remittance service providers’ access to banking services as part of the FSB’s work on correspondent banking.

  Content Type(s): Publications Source(s): FSB Policy Area(s): Correspondent Banking, EMDEs

• 16 March 2018 FSB publishes progress report on addressing declines in correspondent banking and recommendations on remittances

  FSB publishes progress report on actions to implement the correspondent banking action plan and a stocktake on remittance service providers’ access to the banking system.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Correspondent Banking, EMDEs

• 6 March 2018 BCBS, CPMI, FATF and FSB welcome industry initiative facilitating correspondent banking

  Industry initiative by the Wolfsberg Group is part of efforts to address the decline in the number of correspondent banking relationships by facilitating due diligence processes.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Correspondent Banking, EMDEs

• 6 March 2018 FSB Correspondent Banking Data Report – Update

  Data report on correspondent banking relationships using data provided by SWIFT.

  Content Type(s): Publications Source(s): FSB Policy Area(s): Correspondent Banking, EMDEs

• 6 March 2018 FSB publishes updated data on correspondent banking relationships

  Report shows that the reduction in the total number of active correspondents continued in the first half of 2017.

  Content Type(s): Press, Press Releases Source(s): FSB Policy Area(s): Correspondent Banking, EMDEs