‘My hobby is banking’
Meet Saleem Iqbal, ABA’s Community Bankers Council chair.
Browsing: Correspondent banking
BAFT Announces Participants in 2022 Future Leaders Program
BAFT, the American Bankers Association’s global transaction banking subsidiary, today announced the 2022 class of its Future Leaders Program, which recognizes up-and-coming leaders in the transaction banking industry.
BAFT Announces Participants in 2021 Future Leaders Program
BAFT, the American Bankers Association’s global transaction banking subsidiary, today congratulated graduates of its Future Leaders program, which recognizes upcoming leaders in the transaction banking industry.
Podcast: Global Correspondent Banking at a U.S. Community Bank
With $1.57 billion in assets, HAB Bank isn’t big — but it’s a community bank with global reach. The New York-based institution provides correspondent banking services for 140 banks in 20 countries, primarily in South Asia and East Asia. Saleem Iqbal discusses how HAB Bank competes in this global marketplace.
BAFT Announces Future Leaders Program Class of 2020
BAFT—the American Bankers Association’s global transaction banking subsidiary—today recognized the 32 members of its Future Leaders Program class of 2020.
FinCEN Designates Iran as ‘Primary Money Laundering Concern’
The Financial Crimes Enforcement Network today issued a final rule imposing a fifth special measure against Iran as a jurisdiction of primary money laundering concern under Section 311 of the USA Patriot Act.
FSB Report Details Efforts to Stem Decline of Correspondent Banking
The Basel, Switzerland-based Financial Stability Board published a progress report today on steps taken in response to a decline in the number of worldwide correspondent banking relationships.
Podcast: A Small-Town Bank That Serves Small-Town Banks
Kristie Holoch’s bank is not just in the business of serving farmers, families and small businesses in the 33 Nebraska towns where it has branches — it also serves its fellow Nebraska community banks.
BAFT Releases Playbook for Correspondent Banking Users
As part of its efforts to address the significant decline in global correspondent banking relationships since 2011, BAFT today released a “Respondent’s Playbook” that provides guidance on how to establish new correspondent relationships, review existing ones and increase the likelihood of a favorable outcome.
EU List of AML-Deficient Jurisdictions Includes U.S. Territories
The European Commission today issued its own list of 23 jurisdictions that it said have “strategic deficiencies” in their anti-money laundering and counter-terrorist financing frameworks.