High income countries’ central banks more likely to say AML/CFT risks are rising
Majority of institutions from middle income countries say money laundering risks have not risen
Less than half of central banks responding to the Financial Stability Benchmarks 2023 say their concerns over money laundering and terrorism financing rose in the past two years.
The benchmark asks whether central banks believe risks to anti-money laundering (AML) and counter-financing of terrorism (CFT) regimes have risen in the past two years. Some 26 institutions responded, with 15, or 57.7%, saying risks have not risen, while 11, or 42.3%, say they have.
A narrow majority of central banks
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