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Integrity – AML/CFT and Combatting Illicit Flows


Anti-money laundering (AML) and combatting the financing of terrorism (CFT) regulation in combatting illicit flows is currently one of the primary international financial-sector standards that may, if not carefully implemented, have an impact on financial inclusion.

We seek to support compliance with international standards in a manner that does not unnecessarily affect financial-sector development and inclusion. We’ve conducted extensive research in the area of financial integrity as part of our Risk, Remittances and Integrity programme and beyond, across Africa, Latin America and Asia.

The Latest in Integrity – AML/CFT and Combatting Illicit Flows

Identity proofing for COVID-19 recovery
Guidance for regulators, financial service providers and market facilitators Globally, millions of people are excluded from accessing the formal [...]
De-risking in Africa: Illicit financial flows and regional economic hubs
Recent years have seen large scale de-risking and financial exclusion happening in developing countries, particularly those countries that most need [...]
Regional economic hubs in sub-Saharan Africa
Recent years have seen large scale de-risking and financial exclusion happening in developing countries, particularly those countries that most need [...]
Digital identity and financial inclusion
How digitising customer due diligence can strengthen providers during COVID-19 and beyond For the last two decades, financial inclusion [...]
Inclusive Integrity Toolkit
Alliance for Financial Inclusion (AFI) in conjunction with Cenfri and supported by FSD Africa are pleased to officially launch the Inclusive [...]
Finding the missing pieces of the puzzle: using regtech to combat illicit financial flows
Modern financial crime has evolved significantly over the last few decades. Detecting these global networks of sophisticated crime has become more [...]
Vulnerabilities and risks at departmental level – key learnings from country engagements in Africa
Illicit financial flows (IFFs) represent some of the worst crimes and are a major contributor to corruption and development challenges across the [...]
Capitec holds true to its slogan “Its Banking Just Simpler” by removing proof of address
Despite the growing redundancy of the proof of address requirement, it continues to present an obstacle to the unbanked and underbanked populations [...]
COVID-19 and remittances to Africa: What can we do?
The COVID-19 pandemic has exposed the vulnerability of people, and the financial and other systems that underpin much of our daily existence. [...]
An analysis of ID proxy initiatives across the globe
BankservAfrica and Cenfri investigate the role of ID proxy initiatives in transforming payment ecosystems in Africa and beyond.   Real-time instant [...]