Transparency International has this device to illustrate the overall level of AML/CFT compliance worldwide. Ratings reflect the extent to which a country’s measures to stop money laundering are considered effective by FATF. The assessment is conducted on the basis of 11 Immediate Outcomes, which represent key goals that an effective AML/CFT system should achieve. The Effective-O-Meter and effectiveness map draw on country effectiveness ratings these “immediate outcomes” available from FATF. To date 43 countries have been assessed, and only 7 have scored above 50% (USA, Spain, Italy, Switzerland, Australia, Portugal and Sweden), but it points out that even these relative high-scorers are below the 70% mark.
Hence it is unsurprising that the global rating is currently set at just 32%.
https://www.transparency.org/news/feature/stopping_dirty_money_the_global_effective_o_meter?src=ilaw
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