? FINANCIAL INCLUSION & AML/CFT: NEW FATF GUIDANCE (JUNE 2025) ?
At CASSAGNE Consultores, we are committed to keeping our clients, colleagues, and followers informed about the most relevant developments in Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT). Today we share a summary of the latest guidance released by the FATF: the updated "Guidance on Financial Inclusion and AML/CFT Measures," approved at its June 2025 Plenary.
? This new edition updates the 2011, 2013, and 2017 approaches, aiming to strike a smart balance between financial integrity and inclusion: no one should be excluded from the system due to excessive controls when the risk does not warrant it.
? The guidance promotes effective application of the Risk-Based Approach (RBA), enabling simplified measures for low-risk customers and operations while maintaining robust controls for higher-risk situations.
? It highlights real-world examples of countries that successfully implemented the RBA to expand access to regulated financial services such as basic accounts, digital payments, and remote onboarding.
? It flags the risk of "de-risking" or unjustified exclusion of certain clients or sectors due to fear of non-compliance, which ultimately weakens rather than strengthens the system.
? It urges governments and supervisors to align financial inclusion policies with AML/CFT regulations, promoting digital identity, financial consumer protection, and financial education.
? Although primarily aimed at financial institutions, fintechs, remittance providers, and VASPs, this guidance is relevant for all Reporting Entities under Argentina's Law 25.246, reinforcing the global shift towards more proportional, effective, and risk-focused regulation.
? At CASSAGNE Consultores, we advise trustees, real estate firms, car dealerships, notaries, non-bank financial companies, PSPs, accounting firms, and many other obligated entities in adapting their compliance systems to meet these evolving international standards.
? If you lead an organization subject to AML/CFT obligations and want to stay up to date, review your manual, train your team, or enhance your due diligence and monitoring systems, contact us.
? At CASSAGNE Consultores, we support our clients in implementing, strengthening, and updating their AML/CFT/CPF programs in line with the most rigorous global standards.
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