3 minutes agoWorld ranking, Albania '%vatriche of money laundering for 2017 (Photo)
Periskopi(9 years ago)
(9 years ago)The year 2017 has been defined by a series of intensive meetings of high levels to reduce the risk of money laundering, but it seems that this year has resulted in more pessimistic figures than those of the past two years. The Basel Institute for Governments has published the Basel AML Index (Index vs. - Cleaning [...]
The Basel Institute for Governments has published the Basel AML Index (Index vs. - Money laundering takes over 146 countries, including Albania, where the index gets worse. The index measures the risk of money laundering and terrorist financing, provided in public data. The index is estimated by scores of 0 (low risk) to 10 (high risk).
Concretically Albania ranks 85th place with a score of 5.75, marking deterioration in the report last year, when the same index had improved to 5.04, after 5.56 in 2015.
The figures show there is a deterioration in index score, but also an improvement in the ranking. In 2016 the same document listed 102.
So in one year we've climbed 17 places, but as the figures show, this is not due to our improvement but to the deterioration of other countries taken in the study.
In the report's signs, Albania ranks among 15 countries with the highest risk in Europe and Central Asia, along with Bosnia and Herzegovina and Serbia. Italy is behind us.
The worst among 146 countries in the world, according to the Basel Money Laundering Index, is Iran as it was and in 2016 with an 8.60 index for this year. Finland, which has also held the same position in 2016, is best ranked but improving the index from 3.05 to 3.04 this year.
But what Basil's AML index actually is. This index measures the risk of money laundering and funding terrorisation of countries based on available public resources. A total of 14 indicators linked to anti-money laundering regulations and the fight against terrorism, corruption financial standards, political influence and law enforcement are engaged in a total risk assessment.
As the report states, the objective of the Basel Institute for Governance is not to bring up countries relative to each other on the risk level each has of money laundering but to serve as an individual reference indicator for each country to see where it has walked and to direct policies toward the improvements of this index itself. /Monitor. al
