Search Climate Insights Directory

Search syntax
intitle:
The document title intitle:"climate education"
ispublisher:
The publishing organization ispublisher:CAPE
insummary:
Summary and key findings insummary:"conflict of interest"
hasconcept:
Climate tags, frame/perspective and analysis type hasconcept:"Climate Justice"
geography:
Regions the document covers or discusses geography:Canada
doctype:
Document type doctype:report
lang:
Document language, as an ISO code lang:fr
cidid:
One record, by its directory id cidid:iisd-000297
Analysis TypePilot design
Clear all

1 result

  • The report addresses the 'crisis in remittances' caused by bank de-risking in the UK-Somalia corridor due to AML/CFT compliance concerns. It proposes a 'third mile' risk management framework centered on a Trusted Third Party (TTP) system and a biometric registration process for recipients in Somalia. The TTP would track transactions, audit Money Service Businesses (MSBs), and assign risk ratings to transactions to provide UK settlement banks with greater confidence in the legitimacy of the funds flow. The authors suggest a six-month pilot starting in early 2015 involving 500 customers across two Somali locations.

    AI-generated

    This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.

    FSD Africa

    Document type: Report

    Regions: SomaliaUnited Kingdom
Showing 1–1 of 1 document