On 26-27 May, the Bank of Canada hosted in Montréal the latest semi-annual meeting of the Financial Stability Board (FSB) Regional Consultative Group (RCG) for the Americas, and round tables covering the decline in correspondent banking services and issues relating to asset management activities. The RCG provides a forum for FSB outreach to a wider range of countries in the region beyond the FSB membership on potential vulnerabilities affecting the region, on FSB initiatives and on other measures that could be taken to promote financial stability.
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