Money laundering and terrorist financing (ML/TF) are financial problems faced across the globe. They are one of the prime reasons why all countries — developed and developing, compromise on their stability, transparency, and efficiency of financial systems. Proper assessment of ML/TF risks is essential for governments across the globe to formulate countermeasures against these economic and social evils.
The magnitude of ML/TF risk varies country by country. Here we present broad lists of countries based on ML/TF risks and a region-wise assessment of ML/TF risk parameters based on data from the Basel Institute of Governance. Risk is defined broadly as a country’s vulnerability to ML/TF and its capacities to counter it. We do not measure the actual amount of ML/TF activity in a country.
Learn More: Money Laundering Risks in Malaysia
Talk to An Expert!