The closing (or not opening) of bank accounts by financial institutions as a way to avoid the risk associated with providing banking services to a law-abiding sector of the economy. Derisking has been used as an excuse to stifle competition and for political and/or economic reasons.

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Hugo is a writer, a conference speaker, a conference/event producer, an inquisitive panel moderator and an opinionated money transfer consultant and mentor with vast experience. who speaks English, Spanish, French and who loves to run, swim... and walk over long distances.

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