Iran World’s “Riskiest” Country for Money Laundering

By John Lee.

Iran has been listed as the country with the highest risk for money laundering.

The Basel Anti-Money Laundering (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.

Iran is followed in the ranking by Afghanistan, Guinea-Bissau, Tajikistan, Laos, Mozambique, Mali, Uganda, Cambodia and Tanzania.

Finland was listed as the safest, followed by Lithuania and Estonia.

(Source: Basel Institute on Governance)

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