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Financing infrastructure in emerging markets is a critical global challenge for sustainable development. Through a new International Finance Corporation (IFC) program, private institutional investors can directly participate in the evolving infrastructure asset class in emerging markets. The...
Persistent link: https://www.econbiz.de/10012566914
Emerging evidence suggests that de-risking is a reality. Increased capital requirements, coupled with rising Know-Your-Customer, Anti-Money-Laundering, and Combating-the-Financing-of-Terrorism compliance costs have resulted in the exit of several global banks from cross-border relationships with...
Persistent link: https://www.econbiz.de/10012566943
Correspondent banking relationships connect banks and people across borders and are critical to finance and trade. They are a vital link between emerging markets and the broader global economy. Yet efforts to combat money laundering and the financing of terrorism have increased compliance...
Persistent link: https://www.econbiz.de/10012566918