Basel AML Index Expert Edition
The Basel AML Index Expert Edition is a comprehensive and interactive risk assessment tool that helps users to evaluate the risk of corruption, money laundering and terrorist financing in any country in the world. It covers:
- Quality of anti-money laundering frameworks
- Corruption and bribery risks
- Financial transparency and standards
- Public transparency and accountability
- Political and legal risks
It also highlights sanctions and other lists relevant to evaluating a country's risk of money laundering and terrorist financing, including those issued by the FATF, UN Security Council, US OFAC and European Union.
The Basel AML Index Expert Edition can be used as a standalone risk evaluation solution or as an independent benchmarking tool to validate in-house risk assessments.
Expert Edition Plus offers a detailed comparative analysis of the FATF Mutual Evaluation Reports. This allows users to assess each FATF recommendation individually by focusing on specific compliance needs, for example, due diligence or terrorist financing regulations. Find out more about Expert Edition Plus.
The tool and data are used worldwide by financial institutions, researchers, policymakers, compliance officers and other stakeholders to fulfil regulatory and compliance requirements. Some references:
- The Economist describes the Basel AML Index as "a leading index of money-laundering risk". The Economist Intelligence Unit used the FATF numerical dataset provided as part of the Basel AML Index Expert Edition Plus as a data source in its Global Illicit Trade Environment Index.
- The European Commission recommends the Basel AML Index in its methodology for identifying high-risk third countries. A European Parliament study on Improving Anti-Money Laundering Policy references it multiple times.
- The Wolfsberg Group quotes the Basel AML Index in its FAQ on country risk assessment, to which the Basel Institute on Governance contributed.
- The Global Corruption Index uses data from the Basel AML Index as an indicator of white-collar crime.
* Free for public/supervisory institutions, international organisations, non-profit organisations and academic institutions.
** For up to 5 users per subscriber organisation. For other subscription options, please contact us.