IMTC USA in San Francisco was the best IMTC so far and everyone else thought so too. I think being in SF really brought balance to the attendees and a fresh look at fintech/blockchain/virtuals/emerging companies .
In the compliance segment., Connie did a great job recruiting the right people and the topics and caliber of speakers were excellent.
THE IMTC FORUM SAN JUAN HAS BEEN POSTPONED
Our IMTC Forum San Juan has been postponed for a later date. We decided that Puerto Rico’s International Financial Service Sector will be better served by the IMTC’s program if we postpone the conference for another more suitable date for all stakeholders.
As all the IMTC conferences, our objective in organizing an event is to contribute with the development of better, more inclusive, more transparent, efficient & robust international financial services marketplace for the institutions that serve the needs of businesses and individuals with their cross-border needs. We have a long track record achieving this, even in these difficult times when derisking has hurt all international financial services providers, not only non-bank entities, but also smaller banks, like IBEs & IFEs in Puerto Rico, in desperate need of corresponding banking. Emerging markets have seen correspondent banking drop more than 20% in this last year alone. It is a hard fact that disintermediating US banks is in the mind of colleagues in many countries in the world, in order to continue to provide cross-border services to business & individuals in their local markets.
We think that the IMTC Forum will be important, when the time comes, for International Financial Services Sector in Puerto Rico and we will be informing a new date very soon.