Kathleen A. Scott ()
Last year, in September, I discussed the increasing trend for some banks to terminate their banking account relationships with banks in certain areas of the world. Kathleen A. Scott, “Work Continues on Addressing Correspondent Banking Decline,” New York Law Journal, Sept. 16, 2016. In this month’s column, I highlight some of the recent efforts by international organizations to attempt to address this trend, which unfortunately continues today.
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