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Access to basic transaction accounts
Financial inclusion is an important feature of a financial system that supports economic participation and prosperity. Financial inclusion is one of five priorities for the Council of Financial Regulators (CoFR). CoFR has developed an issues paper highlighting opportunities to reduce barriers to opening basic transaction accounts. This paper aims to start a conversation on the issue of access to basic transaction accounts and supports greater collaboration on the design and... MoreCloses 18 June 2025
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