In March 2021, the Financial Action Task Force (FATF) established a project to examine the unintended consequences that can stem from the misapplication of its prescribed framework. One of the four unintended consequences it will examine is financial exclusion.
The Policy Brief sets out five recommendations for how the FATF could refocus its framework so that it not only achieves its primary objective of effectively tackling financial crime but also actively promotes financial inclusion.
The Policy Brief is accompanied by an Occasional Paper assessing the impact of the FATF on digital financial inclusion.
