Vittorio Maresca di Serracapriola
ON THE RECORD · 6 verbatim quotes · every quote source-verified
“International banks and investors will still look at Syria’s antimoney-laundering and counter-financing of terrorism framework and overall risk environment, also general governance and political stability,”
Vittorio Maresca di Serracapriola · said date not stated · reported 2026-08-25
Maresca di Serracapriola says international banks will still assess Syria's anti-money-laundering framework and overall risk environment.
“So that will not necessarily shift the picture entirely with respect to banking.”
Vittorio Maresca di Serracapriola · said date not stated · reported 2026-08-25
Maresca di Serracapriola says the delisting will not necessarily shift the entire banking picture for Syria.
“the biggest impact will likely be on financial flows and investment.”
Vittorio Maresca di Serracapriola · said date not stated · reported 2026-08-25
Maresca di Serracapriola adds that the biggest impact of the delisting will likely be on financial flows and investment.
“The timing of the announcement is important because the Central Bank of Syria reactivated its account at the Federal Reserve Bank in New York in March, and recently, the World Bank has approved a $100m grant for financial sector modernisation in Syria,”
Vittorio Maresca di Serracapriola · said date not stated · reported 2026-08-25
Maresca di Serracapriola notes the timing is important given the Central Bank of Syria's reactivated Federal Reserve account and a World Bank grant.
“The removal of restrictions on US foreign assistance and government contracting has the potential to open additional channels for development and reconstruction support,”
Vittorio Maresca di Serracapriola · said date not stated · reported 2026-08-25
Maresca di Serracapriola says lifting the designation reduces legal risks for banks and allows US foreign assistance to Syria.
“The momentum is great for this announcement, and it was the last main barrier to banks reconnecting [with the global community],”
Vittorio Maresca di Serracapriola · said date not stated · reported 2026-08-25
Analysts say the delisting removes the last main barrier to Syrian banks reconnecting with the global community.