Anti-Money Laundering Compliance and Financial Inclusion: A Technical Analysis of Sub-Saharan Africa

This review paper examines the intersection of Anti-Money Laundering (AML) compliance and financial inclusion in Sub-Saharan Africa. It analyzes the impact of AML regulations on access to financial services, the financial burden on institutions, and the effectiveness of risk-based approaches. Policy recommendations focus on balancing AML requirements and inclusion objectives, enhancing regulatory and institutional capacities, and fostering innovation and collaboration. The future outlook considers technological advancements and regulatory trends shaping the region's AML regulation and financial inclusion dynamics.