The FSVC team in New York and overseas would like to wish you and your families all the best for the Holiday Season! From Kenya to Lebanon, Tunisia, Albania and more, we at FSVC are grateful for your support, which has been more valuable than ever this year.
One major theme of FSVC’s work in 2018 has been helping emerging market countries maintain access to the global financial system. The withdrawal of correspondent banking and other financial relationships has had serious consequences for people living in many of these countries, including the disruption of remittance flows and financial exclusion of entire populations. From Somalia to Jordan to the Marshall Islands, FSVC is helping to build the capacity of supervisors and financial institutions to comply with international standards. This work is critical to ensuring that economically fragile countries and vulnerable populations do not lose access to financial services.
We are excited to continue our work in 2019 and expand our mission to new regions of the world. We wish you a Happy New Year and look forward to keeping you involved in our efforts!