Rising AML/CFT risks reported in 40% of jurisdictions
But majority of central banks empowered and well equipped to mitigate risks
The share of central banks with concerns over increases in anti-money laundering and countering-the-financing of terrorism (AML/CFT) risk continues to hover at around two-fifths, the Financial Stability Benchmarks 2024 finds.
Thirteen (40.6%) of 32 central banks reported having increased concerns over AML/CFT risks in their jurisdiction over the past two years. But 19 (59.4%) institutions say they did not.
Central Banking’s data on fears over AML/CFT risks in the past four years suggests a slight
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