Anti–money laundering
This indicator examines the extent to which the anti–money laundering regime of a country is considered effective by the Financial Action Task Force (FATF), the international body dedicated to tackle money laundering. The assessment is based on peer-reviews evaluating the implementation of FATF recommendations concerning the laws, institutional structures, and policies deemed necessary to counter money laundering and terrorist financing. Peer reviews are carried out in five-year cycles. The third round of mutual evaluations was completed in 2012. This indicator evaluates countries’ compliance with FATF recommendations. Each recommendation is given an equal weight; a 100% rating indicates full compliance, whereas a 0%