| Basel Institute on Governance

Working Paper 37: The Green Corruption paradox: Natural resource management and environmental corruption in Indonesia

Read more about Working Paper 37: The Green Corruption paradox: Natural resource management and environmental corruption in Indonesia

This Working Paper details the findings of a survey of Indonesians’ perceptions of corruption, the economy and the environment in July 2021.

The survey was a joint initiative of the Green Corruption team at the Basel Institute on Governance and leading Indonesian pollster Lembaga Survei Indonesia (LSI). It consisted of a national public opinion survey covering 2,580 respondents and in-depth interviews with 30 private-sector representatives working in various natural resource sectors.

Beneficial ownership transparency – a GCFCC position paper

Read more about Beneficial ownership transparency – a GCFCC position paper

This position paper by the Global Coalition to Fight Financial Crime (GCFFC) outlines a set of features that GCFFC members recommend jurisdictions should include in beneficial ownership disclosure regimes.

Money laundering risks: are we paying enough attention to lawyers, accountants and others beyond the financial sector?

Read more about Money laundering risks: are we paying enough attention to lawyers, accountants and others beyond the financial sector?

To explore what is holding back progress in combating money laundering and terrorist financing (ML/TF) around the world, the 2021 Basel AML Index report examined data on money laundering vulnerabilities beyond the financial sector. Banks and other financial institutions bear the brunt of anti-money laundering AML/CFT supervision and attention, but perhaps we're missing weaknesses elsewhere?

Beneficial ownership transparency is a pillar of anti-money laundering systems – so it needs to stand up. Insights from the Basel AML Index 2021

Read more about Beneficial ownership transparency is a pillar of anti-money laundering systems – so it needs to stand up. Insights from the Basel AML Index 2021

Our recently released Basel AML Index 2021 highlights how slow and ineffective implementation of beneficial ownership registries continues to provide safe havens for dirty money.

We argue that this is damaging for individual jurisdictions, but more importantly undermines all global efforts to combat money laundering and terrorist financing (ML/TF). Excerpt from the full report:

How effective are jurisdictions at preventing money laundering? Insights from the 10th Basel AML Index

Read more about How effective are jurisdictions at preventing money laundering? Insights from the 10th Basel AML Index

Why do so many jurisdictions score so poorly for the effectiveness of their anti-money laundering systems? What's the biggest problem - prevention or enforcement? Answer from our Basel AML Index 2021 report: Ineffective systems are the general rule, but jurisdictions consistently score worse for prevention than for enforcement. Excerpt:

What this year's Basel AML Index says about money laundering threats from cryptocurrencies

Read more about What this year's Basel AML Index says about money laundering threats from cryptocurrencies

The Basel AML Index 10th Edition explore four aspects hindering the global fight against money laundering and terrorist financing (ML/TF). The first element crunched Financial Action Task Force (FATF) data on how jurisdictions are responding to money laundering threats related to virtual assets. The answer: not well at all. Excerpt from the full report:

The use of virtual assets such as cryptocurrencies is exploding – for legitimate as well as illicit purposes.

Basel AML Index 2021

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This is the 10th Public Edition of the Basel AML Index.

The Basel AML Index is an independent annual ranking that assesses the risk of money laundering and terrorist financing (ML/TF) around the world.

Published by the Basel Institute on Governance since 2012, it provides risk scores based on data from 17 publicly available sources such as the Financial Action Task Force (FATF), Transparency International, the World Bank and the World Economic Forum. The risk scores cover five domains:

ICAR joins GAFILAT’s Asset Recovery Network as observer member

Read more about ICAR joins GAFILAT’s Asset Recovery Network as observer member

The Financial Action Task Force (FATF)’s regional body in Latin America, GAFILAT, has welcomed our International Centre for Asset Recovery (ICAR) to join its Asset Recovery Network (Red de Recuperación de Activos del GAFILAT, or RRAG) as an observer member.

African Development Bank staff upskill in cryptocurrencies and anti-money laundering

Read more about African Development Bank staff upskill in cryptocurrencies and anti-money laundering

The use of virtual assets such as cryptocurrencies has expanded hugely around the world. Thousands of new users are added each day, and more individuals now use cryptocurrencies than trade on stock exchanges. Yet, as with all emerging technologies, there are risks that cryptocurrencies can be used for illegal activity such as money laundering and terrorist financing.

B20 Integrity and Compliance Task Force – Key Reflections and Suggestions from Members

Read more about B20 Integrity and Compliance Task Force – Key Reflections and Suggestions from Members

This two-page compilation of suggestions and recommendations was prepared by a group of B20 Integrity & Compliance Task Force members in 2024.

The document aims to support the incoming G20 and B20 presidencies with some ideas and suggestions. Some of these are specific to the B20 Integrity & Compliance Task Force, while others may be applicable to other B20 Taskforces or the B20 more widely.

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