KARACHI: Pakistan’s ranking on the BASEL anti-money laundering index improved by 0.08 points increasing country’s current rating to 6.49 points, according to BASEL Anti-money Laundering Report 2018.

BASEL observes anti-money laundering framework of 129 countries around the world. Finland currently has best score of 2.57 points on the index with Tajikistan with the highest risk at 8.3 points.

Around $500 billion to $1 trillion is laundered worldwide.

Published in Dawn, October 10th, 2018