The Maya Declaration

The Maya Declaration is a statement of common principles regarding the development of financial inclusion policy made by a group of developing nation regulatory institutions during the Alliance for Financial Inclusion's (AFI) 2011 Global Policy Forum held in Mexico.

The Maya Declaration is broad in nature, focusing on: creating the right environment; implementing the correct framework; ensuring consumer protection measures are taken and using data to inform and track financial inclusion efforts. This declaration was made through the Alliance for Financial Inclusion network of regulatory institutions and although no vote was taken, the common principles have been implicitly adopted by all of the network's members.

17 of the institutions followed up on the declaration with very specific commitments for their national efforts. Superintendencia de Banca, Seguros y AFP (SBS) del Peru for example, committed to "enact a law regulating the use of electronic money and to increase correspondent cashiers from 30% to 50%". While the Comision Nacional Bancarias y de Valores (CNBV) Mexico committed to having "a banking agent or a banking branch in every municipality by 2014".

The specific nature of these and other commitments under the broad principles of the Maya Declaration have attracted the attention of other international organizations with an interest in financial inclusion including the Consultative Group to Assist the Poor (CGAP), GSMA, the World Bank, the G20 and Princess Máxima of the Netherlands in her capacity as UN Secretary-General’s Special Advocate for Inclusive Finance for Development.

As of October 2013, there are 108 member institutions at AFI, all of which have adopted the Maya Declaration principles. The first adopters that announced specific Maya Declaration Commitments at the 2011 GPF include the following:

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