FATF President Highlights Inclusive Approach at G20 Meeting

June 24, 2026

The Financial Action Task Force (FATF) President, Elisa de Anda Madrazo, emphasized an inclusive approach to financial integrity during her address at the G20 Finance Ministers and Central Bank Governors Meeting. She stressed that upholding financial integrity should not conflict with financial inclusion, noting that excluding people from the formal financial system can lead to increased risks as individuals turn to unregulated channels. Madrazo outlined the FATF's strategies, including reinforcing risk-based approaches with simplified due diligence and updating standards to foster faster, more secure cross-border payment systems leveraging new technologies and collaborative efforts.