Basel Institute on Governance publishes Basel AML Index 2022
The Basel AML Index is an independent ranking that assesses countries’ money laundering and terrorist financing (hereinafter: “ML/TF”) risks and capacity to counter them. It draws on 18 indicators in five domains measuring different factors that contribute to high ML/TF risks. The 11th public edition of the Basel AML Index has been published recently and reveals that the average ML/TF remains paralysed in many countries. However, a tiny decrease in risks relating to the quality of AML/CFT frameworks has been offset by increased risks in the other four areas measured by the Basel AML Index: corruption, financial transparency, public transparency, and political/legal risks.
The Basel AML Index 2022 concludes that when it comes to tackling dirty money, most countries are taking one step forward and four steps back – and remaining too many steps behind criminals seeking to launder illicit funds. The annual ranking this year includes 128 jurisdictions with sufficient data to calculate an overall risk score, up by 18 from last year.
These are the upcoming dates for our Annual General Meetings:
Thursday, 24 March 2022
Thursday, 23 March 2023