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EBRD and ACAMS to help curtail banks exposure to financial crime in Eastern Europe, the Caucasus and Central Asia

EBRD and ACAMS to help curtail banks’ exposure to financial crime in Eastern Europe, the Caucasus and Central Asia 26 June 2021 13:49 Share in: NUR-SULTAN. KAZINFORM The European Bank for Reconstruction and Development (EBRD) and the Association of Certified Anti-Money Laundering Specialists, or ACAMS, have joined forces to safeguard the banking and trade-finance sectors in eastern Europe, the Caucasus and Central Asia. Related news Research shows that many banks in the EBRD’s Trade Facilitation Programme find it increasingly difficult to obtain trade-finance facilities from foreign commercial banks, due in part to anti-financial crime (AFC) compliance hurdles and costs, the official website of EBRD Kazakhstan reads.

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