Helping Hand: How to Support Humanitarian Efforts with Inclusive AFC Policies
From the earthquake in Haiti to the refugee crisis in Afghanistan, financial inclusion has multiple dimensions. In September 2021, OFAC issued general licenses to support the continued flow of humanitarian assistance, refugee efforts, or natural disasters. Subsequently, the financial sector plays a vital role in supporting reconstruction and aiding dispossessed persons with maintenance and care.
- Detailing the bank activities to support NGOs and charities activities with financial connectivity during natural disasters and other events
- Reviewing business and compliance activities necessary to enable financial access during natural disasters and conflicts
- Detailing how the public sector needs to help the private sector with waivers and guidance
Dr. Justine Walker