Botswana improves rating in 2019 Basel AML Index

Dirty cash: Botswana is improving in its AML structures PIC: EMERJ.COM
Dirty cash: Botswana is improving in its AML structures PIC: EMERJ.COM

Since 2012, the Basel Institute on Governance in Switzerland has annually released the Basel Anti-Money Laundering Index.

The Index measures money laundering and terrorism financing (ML/TF) risk in countries, but not the actual volume of money laundering and terrorism financing activity.

Developed and maintained by the internationally renowned International Centre for Asset Recovery, which is part of the Basel Institute, the Index is the only independent, research-based framework which ranks countries according to their ML/TF risk.

Editor's Comment
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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