FATF Standard: Public Consultation on AML/CFT and Financial Inclusion
The Financial Action Task Force (FATF) has initiated a public consultation process regarding proposed revisions to its Recommendations, specifically aimed at promoting financial inclusion while maintaining effective anti-money laundering and counter-terrorist financing (AML/CFT) measures. These changes are part of FATF’s broader effort to address unintended consequences of existing AML/CFT regulations. […]