The General Council for Islamic Banks and Financial Institutions (CIBAFI) has warned of uneven impact from a decline in correspondent banking, reinforcing concerns that small lenders will be most affected from "de-risking" by international lenders. Heightened money laundering enforcement has pushed global banks to cut their relationships in some regions, a policy known as "de-risking". Islamic banks in Africa and South Asia were among those most severely affected, with banks in the Gulf and Europe relatively unscathed. A recent CIBAFI survey of 103 Islamic banks found around a third of respondents experienced a significant decline in correspondent banking. Products most affected included trade finance and international wire transfers. CIBAFI said the practical impact of de-risking might be confined to certain regions and lenders, but it had been severe enough to raise wider concerns.