Fact Finding Summary from De-risking Surveys: Withdrawal from Correspondent Banking and Report on the G20 Survey on De-risking Activities in the Remittance Market

At the request of the G20 and the Financial Stability Board (FSB), and with the support of the Committee on Payments and Market Infrastructures (CPMI), the World Bank Group has led fact-finding work on de-risking – the phenomenon of financial institutions terminating or restricting business relationships with clients or categories of clients to avoid, rather than manage, risk.