• Bank for International Settlements

In view of the importance of correspondent banking, the keen interest of central banks in this activity and any threats to its safe and efficient functioning, the ECC Governors have mandated the CPMI to produce a report on this issue, especially as regards potential measures to ensure an efficient provision of cross-border payment services globally. This report has been prepared by a designated CPMI Working Group on Correspondent Banking, which was set up to meet the ECC mandate,
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