Show simple item record

dc.contributor.authorDurner, Tracey*
dc.contributor.authorShetret, Liat*
dc.date.accessioned2015-11-18T09:41:51Zen
dc.date.available2015-11-18T09:41:51Zen
dc.date.issued2015-11-18
dc.identifier.isbn978-1-78077-982-9
dc.identifier.urihttp://hdl.handle.net/10546/582310
dc.description<p>'De-risking' refers to financial institutions closing the accounts of clients perceived as high risk for money laundering or terrorist financing abuse, namely money service businesses, non-profit organizations, correspondent banks and foreign embassies.</p> <p>This report explores the linkages between bank de-risking and the ascendance of the risk-based approach to anti-money laundering and countering the financing of terrorism (AML/CFT). It presents a nuanced examination of the driving factors and influences behind de-risking, and its potential impact on financial inclusion for vulnerable communities. The report includes case studies from other sectors facing financial access challenges, and provides actionable recommendations for key stakeholders.</p> <p>This joint agency report was led by the Global Center on Cooperative Security.</p>en_US
dc.format.extent57en_US
dc.language.isoEnglishen_US
dc.publisherGlobal Center on Cooperative Securityen_US
dc.publisherOxfam Internationalen_US
dc.relation.urlhttps://policy-practice.oxfam.org.uk/publications/understanding-bank-de-risking-and-its-effects-on-financial-inclusion-582310
dc.subjectEconomics
dc.titleUnderstanding Bank De-Risking and its Effects on Financial Inclusion: An exploratory studyen_US
dc.typeResearch reporten_US
oxfam.signoff.statusFor public use. Can be shared outside Oxfam.en_US
oxfam.subject.countryAustraliaen_US
oxfam.subject.countrySomaliaen_US
oxfam.subject.countryUnited Kingdomen_US
oxfam.subject.countryUnited Statesen_US
oxfam.subject.countrySyrian Arab Republicen_US
oxfam.subject.keywordFinanceen_US
oxfam.subject.keywordBank de-riskingen_US
oxfam.subject.keywordMoney service businessesen_US
oxfam.subject.keywordAML/CFTen_US
oxfam.subject.keywordRisk-based approachen_US
oxfam.subject.keywordRemittancesen_US
oxfam.subject.keywordFinancial inclusionen_US
oxfam.subject.keywordFinancial regulationen_US
refterms.dateFOA2018-08-20T10:38:48Z


Files in this item

Thumbnail
Name:
rr-bank-de-risking-181115-en.pdf
Size:
558.6Kb
Format:
PDF
Description:
English report

This item appears in the following Collection(s)

Show simple item record