What are the top countries for money laundering?

Well-established non-bank financial systems, especially where regulation, supervision, and monitoring are absent or lax.

Well-established offshore financial centers or tax haven banking systems, especially jurisdictions where such banks and accounts can be readily established with minimal background investigations.

The global fight against money laundering has led many countries to develop strict

These regimes are designed to build programs that identify.

prevent financial support to criminals

The Financial Action Task Force

highlighting areas of deficiencies in financial market oversight and regulation.

If these countries do not complete their action plan to the FATF standards

the organization will consider them a potential threat to the integrity of the global financial system.

financial institutions operating in countries that are members of the FATF

financial relationships with high-risk countries could result in legal action

Countries Cooperating with the FATF

The following countries have either publicly committed to addressing deficiencies highlighted by the FATF