Central banks say co-operation on AML/CFT effective
But some still want improved data sharing, surveillance and relationships
Most central banks consider their domestic and international partnerships on anti-money laundering and combatting the financing of terrorism (AML/CFT) as excellent, the Financial Stability Benchmarks 2024 finds.
Central Banking asked respondents to grade their co-operation on AML/CFT with domestic agencies and international entities. Possible scores range from one (very poor) to five (excellent). Responses produced an average of 4.5 and 4.4 for domestic and international agencies, respectively.
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