This is the fourth edition of the Basel Anti-Money Laundering (AML) Index developed by the Basel Institute on Governance. The Basel Institute published the Basel AML Index for the first time in 2012 and has since then been the only non-profit organisation to create a research-based ranking focusing on the risk of money laundering and terrorist financing. The Basel AML Index provides the following key features:
- Overview of 152 countries according to their risk level in money laundering/terrorist financing
- Composite index based on public sources and third party assessments
- Independent research-based risk ranking which is updated annually
- AML country risk assessment tool for compliance purposes (see Expert Edition)
2015 Basel AML Index Report
The Basel AML Index 2015 Report summarises the key findings and provides a detailed explanation about our methodology. See also what is new in the 2015 edition and the recent changes in our methodology. Our annual review section outlines the main discussions and feedback received from external experts with academic, supervisory and law enforcement background.
What does the Basel AML Index measure?
The Basel AML Index measures the risk of money laundering and terrorist financing of countries based on publicly available sources. A total of 14 indicators that deal with AML/CFT regulations, corruption, financial standards, political disclosure and rule of law are aggregated into one overall risk score. By combining these various data sources, the overall risk score represents a holistic assessment addressing structural as well as functional elements in the AML/CFT framework. As there are no quantitative data available, the Basel AML Index does not measure the actual existence of money laundering activity or amount of illicit financial money within a country but is designed to indicate the risk level, i.e. the vulnerabilities of money laundering and terrorist financing within a country.
The Basel AML Index offers a subscription-based Expert Edition, which is a more comprehensive and customizable country risk assessment tool to assist financial institutions and other stakeholders to fulfill regulatory and compliance requirements. In contrast to the public version, it provides:
- An overview of over 200 countries with sub-indicators
- Regular updates including country sanctions such as FATF Public Statements, U.N. and U.S. State Sponsor of Terrorism lists
- Downloads of all data available in Excel
- Customizable tool to adjust to institutional needs