Our history
From the post-war monetary conference that created GMI to today's mandate covering digital assets and sanctioned-funds compliance.
GMI was conceived at an international monetary conference in 1944 and began operations in 1947 with 29 founding members. Its original mandate focused on exchange-rate stability and balance-of-payments support.
Through successive amendments to its Articles of Agreement, GMI's remit expanded to cover surveillance of the international monetary system, capacity development, and — since the 1990s — cross-border sanctions compliance, including the verification and lawful release of OFAC-blocked funds.
Today, with 190 member jurisdictions, GMI is the principal global issuer of Clearance Certificates used in correspondent banking, large-value settlements, and the repatriation of legitimately held assets.