This is the second in a two-part podcast series published in partnership with CGAP.

In June 2025, the Financial Action Task Force (FATF), issued guidance on Financial Inclusion and Anti-Money Laundering, and Terrorist Financing (AML/CFT) measures. FATF recognizes that applying an overly cautious approach to anti-money laundering, countering the financing of terrorism, AML/CFT safeguards, can have the unintended consequence of excluding businesses and consumers from the financial system.

The speakers discussed:

• Balancing AML/CFT compliance with financial inclusion
• The potential of RegTech and SupTech to enhance financial inclusion
• The importance of sex-disaggregated data in removing barriers to financial inclusion

Speakers: 

Mehmet Kerse, Senior Financial Sector Specialist, CGAP

Louis de Koker, Consultant, CGAP; Professor of Law, La Trobe University, Australia 

Host: 

Richa Goyal, Program Director, Toronto Centre

Read the transcript here. Read their biographies here.

Read the FATF's updated Guidance on Financial Inclusion and Anti-Money Laundering and Terrorist Financing Measures here.

Listen to the first part of the podcast here.

https://torontocentre.org/