El Salvador is least vulnerable to money laundering

El Salvador is the Central American country where money laundering is least likely to happen, according to the Anti-Money Laundering Index of the Basel Institute.

In 91st position globally, El Salvador is among the top five countries in Latin America.

Above it in the ranking, which lists countries in order ot risk, are Honduras (75), Costa Rica (77) and Guatemala (67).

Panama in 30th place is the region’s most vulnerable country.

Globally, Iran is most vulnerable to money laundering, while Finland is the least risky of 146 countries.

The ranking analyzes factors which include weak anti-money laundering legislation, corruption, and lack of transparency surrounding financial flows (numbers in brackets indicate the global position of each nation in the index).

1            El Salvador (91)
2            Honduras (75)
3            Costa Rica (77)
4            Guatemala (67)
5            Nicaragua (45)
6            Panama (30)