The Florida International Bankers Association (FIBA), Inc., is a non-profit trade association founded in 1979. Its membership includes some of the largest financial institutions in the world. This includes more than 70 foreign and domestic banks. In addition to major banks from Europe, the US and Latin America who are active in international trade and finance in our hemisphere.
The primary focus of FIBA members is Latin America trade finance, international correspondent banking and international wealth management/private banking services for non-residents. This activities helps facilitate North-South trade and capital flows
FIBA has long been recognized by regulators and law enforcement for its knowledge and expertise in anti-money laundering (AML) compliance and its excellent training programs. FIBA has offered AML training for more than two decades, including the successful FIBA Annual AML Compliance Conference, attended by hundreds of AML professionals from around the world and the FIBA Anti-Money Laundering (AML) Institute, inaugurated in the Fall of 2005, in partnership with Florida International University (FIU).
The FIBA AML Institute provides specialized AML certification and training to industry practitioners. Regularly scheduled FIBA meetings provide a continuing source of the latest and best industry expertise and practical information.
FIBA works closely with FELABAN, the Federation of Latin American Banks, which represents over 600 financial institutions throughout Latin America, hosting their prestigious FELABAN Annual Assembly in Miami every other year. This event brings nearly 2,000 people to Miami to conduct business over three days of intensive meetings.
As a leading trade organization focused on international banking and finance, FIBA frequently meets with regulators in Washington, submits comment letters and position papers, and is a respected voice in the industry.
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