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Basel AML index: countries still fall—sometimes severely—short

Joe Mont | August 18, 2017

The Basel Institute on Governance has released its 2017 edition of the Basel Anti-Money Laundering Index, an annual ranking that assesses 146 countries regarding money laundering/terrorism financing risks.

This is the sixth annual release of the Basel AML Index, which remains to date the only research-based risk rating of countries in this field issued by an independent non-profit institution. The report was made public on Aug. 16.

Since its first release in 2012 the Index has not seen significant changes in terms of countries occupying the top ten risk positions; yet, in the 2017 Basel AML Index it observes that the average country risk level has been deteriorating at least during the last three years.

While the global average risk scores were 5.82 in 2015 and 5.85 in 2016, the average risk score this year is equal to 6.15, on a scale from 0 (low risk) to 10 (high risk).

High-risk scores in the Basel AML Index...

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