Big banks and small banks
Larger institutions tend to perceive smaller banks as posing greater compliance-related risks, particularly in higher-risk jurisdictions. And lower profit margins from dealings with smaller institutions can make the risk-benefit analysis even more challenging. But, does reality match perception? Does the implementation of Sanctions, AML and KYC programmes actually differ that much between global and regional or local institutions? How do banks in emerging markets cope with the extra-territoriality of some laws? How do smaller banks view larger institutions? Can all parties work together to increase control and reduce costs and risk? Is de-risking a concern, and how can it be tackled concretely, perhaps in partnership?