Remitters On Edge As Caribbean Authorities Face Up To De-Risking

Caribbean authorities mulling action to tackle de-risking must recognise the complexity of the problem, experts have said, as the barriers facing remittance companies in the region show no signs of disappearing.

A Jamaica-based public policy think tank, the Caribbean Policy Research Institute (CaPRI), held talks with industry participants and authorities on Wednesday to discuss possible responses to de-risking by international banks, and its devastating effects on remittance firms in the region.

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