Still behind Europe when it comes to the regulatory implementation of new measures such as open banking, the Americas nonetheless continued to make strides in the development of new payment systems and the muscular sanctions regime of the U.S. saw no signs of abating.
U.S. Continues To Wield Sanctions Worldwide
The U.S. continued to wield the market uniquity of the dollar to far-reaching effect in 2019, looking across the Atlantic at the start of the year at Deutsche Bank’s involvement in Europe’s Danske Bank scandal.
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