“De-risking,” as defined by the subcommittee, occurs when a financial institution terminates relationships and closes the accounts of clients and merchants they deem “high risk” in order to avoid legal liability and greater regulatory scrutiny. This practice has negative consequences for many legitimate money services businesses, including money transfer businesses, and their consumers.
On February 16, the Inter-American Dialogue in partnership with Insight Crime and American University’s Center for Latin American & Latino Studies (CLALS) hosted an event titled “Inside MS13: Separating Fact from Fiction” to discuss the findings of a recently published report. This discussion, which was moderated by the Dialogue’s Michael Shifter, featured panelists Steven Dudley from InSight Crime, Hector Silva Avalos from CLALS, and Vanda Felbab-Brown from the Brookings Institution. The conversation focused on dispelling the myths behind the MS-13 and how historical experiences can inform government responses.
On February 6, the Inter-American Dialogue, in partnership with Tulane University and Colegio de Mexico, hosted an all-day conference on US-México relations. This forum convened academic and policy experts from both countries to discuss the challenges and dynamics underpinning economic, migration, and security policies in the Trump administration.