Basel AML index | Cuba

The Anti Money Laundering Index of Cuba in 2024 was 5.50 points. In 2023, the index value was  5.64. This is the first year of decline after a period of growth. 0 = low risk, 10 = high risk of money laundering and terrorist financing. Since 2021, over the entire period of Basel Institute data, this indicator has decreased in 1.05 times. The lowest level of money laundering in Cuba was recorded in 2024, with a value of 5.50. The highest AML Index was observed in 2021, when it reached 5.75. The Basel AML Index uses a composite methodology, with 17 indicators in five domains in line with key factors considered to contribute to a high risk of money laundering and related financial crimes. The indicators and their weighting are reviewed annually by an independent expert group.