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Home > Acquisitions > Emerging markets and the compliance challenge
Jul7 - 21

Emerging markets and the compliance challenge

Following the global financial crisis in 2008, correspondent banks began reassessing their emerging market strategies. In recent years, both compliance costs and potential regulatory risks have grown sharply, making it more challenging to stay engaged.

Many banks have already decided they would rather not take on the challenge – as the 22% global decline in the number of active correspondent banks in the last decade shows. Read the complete article here.

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