Anti-money Laundering and Combatting the Financing of Terrorism (AML/CFT) regulation is currently one of the international financial sector standards which may, If not carefully implemented, impact on financial inclusion. Cenfri seeks to support compliance with such international standards in a manner that does not impact unnecessarily on financial sector development and inclusion.

Projects undertaken by Cenfri staff on this topic include:

• Supporting the Southern African Development Community (SADC) in drafting an AML/CFT annex to the Finance and Investment Protocol; and hosting a workshop to deliberate the annex with member jurisdictions. 
• Review of AML/CFT risk management of low-risk financial products and services in South Africa. 
• Participating in a CGAP project on designing a model to determine AML risk in the financial sector.
• Providing AML/CFT expertise in relation to mobile phone banking and the development of a regulatory system to support transformation mobile phone banking in the Maldives.
• Supporting the design and drafting of an access-friendly AML/CFT framework for Namibia 
• Leading a project to design a set of tools or guidelines to facilitate the implementation of FATF recommendations in developing countries without unduly impacting on access to financial services. The project involved a cross-country analysis of conditions in Kenya, Indonesia, Mexico, Pakistan and South Africa and was done on behalf of a steering committee consisting of the World Bank, IMF, CGAP, DFID, FinMark Trust and the South African National Treasury.
• Cenfri was commissioned by USAID and the Central Bank of Kenya to provide strategic input on the direction of the new guidelines/regulations to be issued under the Proceeds of Crime and Anti-Money Laundering Act.

Cenfri is also currently managing the FinMark Trust's research on this topic.