The following extracted from the Caribbean Trade Law and Development
website hosted by Alicia Nicholls […]whose content is focused on Trade law, development and policy through a Caribbean lens.
Alicia Nicholls De-risking actions by banks in advanced economies are an emerging threat to Caribbean SIDS’ financial inclusion and sustainable development. This reduced risk appetite by banks is in response to an increasingly stringent regulatory environment aimed at combating the twin threats of money laundering and terrorist financing. De-risking actions have impacted Caribbean countries in two main ways: the severance of correspondent […]