Regulatory Alerts2021-11-08 | 29720Correspondent Banking Relationships Survey
The Banking Sector regulator issued a Correspondent Banking Relationships Survey requiring financial institutions to report comprehensive data on their correspondent banking arrangements. The submission aims to assess risk exposures, compliance frameworks, and operational practices across domestic and cross-border banking networks. Institutions must complete the standardized questionnaire and submit findings by the specified regulatory deadline to ensure ongoing supervisory oversight.
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