ASTANA,Kazakhstan. Dec 18(Correspondent LP)–Kazakhstan has made significant strides in combating money laundering and related financial crimes, according to the International Center for Asset Recovery (ICAR) at the Basel Institute on Governance in Switzerland. The Basel AML Index, which assesses 164 countries, measures the risk of money laundering and related financial crimes globally using 17 indicators across five domains.
In 2023, Kazakhstan ranked 100th with 4.71 points, marking its best performance since the index’s inception in 2012. This achievement places Kazakhstan ahead of countries like the United States, Japan, Singapore, China, Qatar, Italy, Hungary, and Türkiye.
Among the top five countries with the lowest risk are San Marino, Iceland, Finland, Estonia, Andorra, and Sweden.
