Ahead of the G20 summit in November 2018 in Buenos Aires, the Global NPO Coalition sent a letter to the G20 and its members, asking them to take global leadership on reducing bank de-risking, ensuring that all entities, including NPOs, have equal access to financial services. Through a communique at the November summit, the G-20 can recognize the problem for NPOs and commit its bodies, Member States and the FATF to take specific actions to address the impact of bank de-risking on NPOs. Moreover, Member States are asked to align their policies and monitoring tools in order to enforce effective implementation at the national level to help improve the financial access of NPOs. Read more here.
Source: Global NPO Coalition on FATF