Certificate for Respondent's Playbook (CRP)

We are pleased to announce an updated version of the BAFT Certificate for Respondent’s Playbook (CRP), the 2.0 version is now available!

We designed this resource to train respondent banks on international anti-money laundering/combating the financing of terrorism (AML/CFT) standards and to recommend actions that may improve their ability to obtain and maintain a correspondent banking relationship.

It outlines the decision-making process of correspondents establishing new and reviewing existing relationships and the measures that respondents may take to increase the likelihood of a favorable outcome.

The newest version incorporates current regulatory changes in the marketplace and includes a new section on the ISO 20022 migration in addition to sections covering:

-An Introduction on the Current State of Correspondent Banking
-Establishing a New Correspondent Relationship
-Maintaining an Existing Correspondent Relationship
-Options for Respondent Banks Unable to Obtain or Maintain a Relationship
-Special Considerations for Money Services Businesses and Fintechs
-Frequently Asked Questions from Respondent Banks
-This certification is geared toward banks, primarily compliance, risk management, credit officers, and transaction banking business line staff who typically serve as the first line of defense.