The Basel AML Index 2024: A Comprehensive Overview of Global Money Laundering Risks
Money laundering continues to be one of the most significant challenges facing financial institutions, governments, and global trade. Every year, the Basel Institute on Governance releases the Basel AML Index, a key tool that assesses and ranks countries based on their risk of money laundering (AML) and related financial crimes. The Basel AML Index 2024 offers critical insights into the vulnerabilities of nations and their ability to combat financial crime. This blog will explore the Basel AML Index, its methodology, and what it reveals about global efforts to address money laundering in 2024.