This workshop aims to identify and develop immediate and next-generation solutions to address the ongoing challenges of correspondent banking de-risking in the Pacific. By exploring policy, regulatory capacity, technological innovations, and funding mechanisms, the session will focus on strengthening financial connectivity, regulatory alignment, and risk management strategies to ensure sustainable access to cross-border banking services.

The discussion will build upon insights from the AI Technology to Mitigate Correspondent Bank De-risking roundtable, held at the Insight Forum during the GFTN Japan Forum in March. This earlier session examined the role of AI-driven regulatory risk assessment, compliance automation, and digital identity solutions in mitigating de-risking and restoring trust in correspondent banking relationships.

GOAL

The primary goal of the workshop is to develop a strategic roadmap with clear, actionable steps for both short-term interventions and long-term solutions. This roadmap will guide efforts to enhance regulatory frameworks, financial sector resilience, and technology adoption, ensuring Pacific economies remain connected to the global financial system.

The roadmap and key takeaways from the session will be carried forward for further discussion and action at the 5th Asia Finance Forum in September 2025 and the Insight Forum at the Singapore Fintech Festival in November 2025, ensuring sustained momentum and cross-sector engagement.

Related Documents:

Key Findings of the Roundtable Discussion: AI Technology to Mitigate Correspondent Banking Derisking

Bankings Without Banks: How AI, IDs, and Innovation Are the Game

A Banker's Story of Derisking

How 'derisking' made me feel powerless

The Hidden Crisis Facing Pacific MTOs

Gap Analysis Report on the Implementation of Financial Action Task Force Standards on Correspondent Banking in the Pacific