Botswana improves in dirty money survey

The Basel Institute Anti-Money Laundering Index measures the risk of Money Laundering and Terrorist Financing (ML/TF) in countries using data from publicly available sources such as the Financial Action Task Force (FATF), Transparency International, the World Bank and the World Economic Forum. 

The FATF last year greylisted Botswana as a money laundering threat, leading to an eventual blacklisting by the European Union in February. The country has since enacted various pieces of legislation as well as amendments to existing law, while also introducing new policies and even institutions to tighten its defences against dirty money.