FATF highlights in a new webinar that financial inclusion and effective AML/CFT go hand-in-hand, urging proportionate, risk-based measures that expand safe access to formal financial services

The session examines the strengthened FATF Standard on the risk-based approach (Recommendation 1) and the newly published guidance on financial inclusion, presenting case studies from jurisdictions and financial-inclusion bodies to illustrate how simplified and proportionate measures can broaden access without compromising AML/CFT integrity. It also highlights the unintended consequences of overly strict compliance—such as de-risking and exclusion of low-income or underserved customers—and urges authorities…