The greatest challenge that Mexico’s regulatory authorities face in expanding financial inclusion is complying with the Financial Action Task Force’s (FATF) principles for combating money laundering. More generally, the country’s regulators feel that the relationship international standard setting bodies’ principles and financial inclusion is not always obvious. This study is published by the Alliance for Financial Inclusion (AFI) in its capacity as implementing partner of the G20 Global Partnership for Financial Inclusion (GPFI).