Ghana has gone up six places to 60th in the latest anti-money laundering and terrorist financing rankings. This is based on the latest Anti Money Laundering Index put together by the Swiss Basel Institute of Governance. The rankings revealed that Ghana went up from 66 in 2018 in terms of the rankings to 60. The country scored of 5.29 in 2019 compared to 5.32 in 2018.Details of the rankings and interpretationBased on the score put together by the Swiss-based Basel Institute of Governance, a country is seen or can be classified as doing well if it is closer to 1, however, if it is close to 10 then it means that it is not doing that well. This is based on the score range of 1 -10.  The best-performing countries show a near-zero risk level, in this domain countries are ranked from highest to the lowest level of risk. The change column reflects the comparison of 2018 and 2019 results. Negative scores identify progress made (lower risks for the country) and positive scores demonstrate an increase in ML/TF risks.It ranked countries on five domains1. Quality of AML/CFT Framework 2. Bribery and Corruption 3. Financial Transparency and Standards 4. Public Transparency and Accountability 5. Legal and Political RisksHow are the rankings measured?The Basel AML Index does not measure the actual amount of money laundering or terrorist financing activity, but rather is designed to assess the risk of such activity. ML/TF risk is understood as a broad risk area about a country’s vulnerability to ML/TF and its capacities to counter. Data collection for the 2019 Public Edition of the Basel AML Index was finished in June 2019. The Basel Anti-Money Laundering Index is an independent annual ranking that assesses the risk of money laundering and terrorist financing (ML/TF) around the world.Basel Institute on GovernanceThe Basel Institute on Governance is an independent not-for-profit competence centre specialized in corruption prevention and public governance, corporate governance and compliance, Collective Action, anti-money laundering, criminal law enforcement and the recovery of stolen assets.  The Institute is an Associated Institute of the University of Basel and regularly works with international organizations and other institutions, including the World Bank, United Nations Office for Drugs and Crime (UNODC), Organisation for Economic Cooperation and Development (OECD), Council of Europe, International Monetary Fund, the Egmont Group and Interpol.