Balancing AML/CFT Compliance with Financial Inclusion

This specialized course addresses the critical and often conflicting objectives of **Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT)** and **Financial Inclusion**. It guides regulators and financial institutions on applying a genuine **Risk-Based Approach (RBA)** to allow for simplified customer due diligence (SDD) for low-risk, financially excluded populations. Participants will explore the principles of proportionality, examine the relevant recommendations from the Financial Action Task Force (**FATF**), and learn practical techniques for safely leveraging technology and non-traditional identity documentation to onboard the unbanked without compromising the integrity of the financial system.