

Saint Lucia, Among the topics covered were understanding the challenges remittance providers face in accessing banking services: possible solutions and alternatives; strengthening Anti-Money Laundering / Countering Financing of Terrorism practices in the remittance sector; efforts by banks to enable the provision of banking services to the remittance sector; and oversight and supervision of the remittance sector. The FSB is an international body that monitors and makes recommendations about the global financial system. The FSB promotes international financial stability, by coordinating national financial authorities and international standard-setting bodies as they work toward developing strong regulatory, supervisory and other financial sector policies. END |