Basel Anti-Money Laundering Index Ranks 152 Countries

Compliance
16/09/2015 09:04

The Basel Anti-Money Laundering (AML) Index report developed by the Basel Institute on Governance ranks countries according to their risk of money laundering and terrorist financing. The Basel AML Index overall score is derived from 14 indicators based on publicly available sources such as the Financial Action Task Force, Transparency International, the World Bank and the World Economic Forum. Finland’s financial system is the least likely to be used for money laundering or funding terrorism, followed by Estonia. Iran and Afghanistan are rated the worst at stopping money laundering.

Among countries that are considered major diamond trading hubs, the Basel AML Index published the following rankings (lower rank = higher risk):

  • 72 -   United Arab Emirates
  • 74 -   Botswana
  • 79 -   India
  • 88 -   Switzerland
  • 103 - United States
  • 115 - Israel
  • 130 - Belgium