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It’s Not Easy to Launder Money in El Salvador; It Receives Highest Ranking

Article Summary:

El Salvador is ranked 107 out of 144 nations, giving it the highest position in Central America, which makes it the most difficult country in Central America in which to launder money.

Original Article Text From Prensa Grafica via Google Translate :

El Salvador, a Country Better Positioned CA in Money Laundering Ranking

El Salvador won the best location at Central in the ranking on money laundering, made ​​by the Basel Institute on Governance , through the International Centre for Asset Recovery.

According to this world rankings, the country is located in the location 107, a ranking of 144 nations (where the best score is 144 and the worst 1). The country has the highest score at Central, up from the other countries of the region.

Nicaragua is located at number 67, Panama in 60, Guatemala 58, Honduras 57 and Costa Rica in 38. Norway is the country with a lower risk index and the site is located at 144, below it are Estonia, Slovenia, Sweden, Finland, New Zealand, Lithuania, Chile, South Africa and France.

The purpose of this ranking is to create a global standard for risk assessment of countries. The Superintendent of the Financial System, Victor Ramirez, said this is a result of proper functioning of the coordination of work between the Attorney General’s Office (FGR) and the National Civil Police ( PNC ).

At the risk index considered the integration of 15 variables, as risk factors of money laundering , the terrorist financing, corruption, financial transparency and legal and political risks.

Link to Original Article:

From Prensa Grafica

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