This webinar served to launch the 2024 Public Edition of the Basel AML Index – an independent, data-based ranking and risk assessment tool for money laundering and related financial crime risks around the world.

Kateryna Boguslavska, Senior Specialist, AML/CFT and lead of the Basel AML Index, presented the methodology and 2024 report findings.

Iker Lekuona, Director of the Basel Institute’s International Centre for Asset Recovery, then moderated a panel discussion covering the following topics:

• Helena Wood: Growing fraud threats, issues around definitions and measurement, existing frameworks and the need for global standards.
• John Cusack: Effectiveness in the fight against financial crime.
• Atuweni-tupochile Agbermodji: Positive lessons from countries that were on the FATF grey list.
• Alan Ketley: The purpose of country risk assessments and how to improve their use.

Lightning round for all speakers: Looking at Basel AML Index findings and other recent developments in the AML space, what gives you hope that we’re going to tip the balance in the fight against financial crime?