Addressing Pressures on Correspondent Banking Relationships (CBRs)
Invitation
Session No.: ST 19.31
Location: Singapore, Singapore
Date: June 10-14, 2019 (1 week)
Primary Language: English
Target Audience
Qualifications
Course Description
This course, presented by the IMF Legal Department, is designed to explore the recent global and regional trends, consequences, and drivers impacting CBRs. It will discuss the perspective from global financial institutions and international financial institutions. The course will also present potential remedial responses/actions necessary to mitigate the existing pressures and withdrawals of CBRs, with a focus on solutions tailored to Pacific Island States.
Course Objectives
- Participants will have a deeper understanding of risk mitigating policies, supervisory actions, and risk management systems to relieve the existing pressures on maintaining or establishing correspondent banking relationships.
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