In other words Ambassador Carlos Moreno is saying, do what the US government says or else.
considering that many of the international banks de-risking are privately owned, the only thing that can be done is to conform local standards to the same international standards
These "international standards" were set by the US government to secure more tax money under the guise of money laundering. It is really to tighten up on the enforcement of US tax laws to feed the insatiable appetite of government. For what little money is gained many innocent people will be greatly inconvenienced at the least.
Think about it. What does de-risking mean? It means that Banks will be heavily penalized or put out of business if they don't follow the rules of the US regulators. Already banks in the US and other countries have had to pay billions in fines and penalties and they want to rid any business which might subject them to this.
Some posters have stated that this will have no effect on them but I believe they are wrong. When local businesses can not make transfers through banks to buy goods from other countries it will effect many in Belize with some goods hard to find and higher prices. In the long run it will speed up the death of USDA as a world trading medium. Several major countries in the world have been working on this for some time now. This folly will hurt the very USA citizens it is claiming to protect in the end. 428 more days till sanity has a chance to return.