Financial Crime World

Threat Assessment Report: The Gambia

Country Overview

The Gambia, a small country located in West Africa, has a complex financial crime landscape. Here are some key statistics:

  • Economic Freedom Index: “Mostly Unfree”
  • OC Index Rankings: Low rankings in Arms Trafficking, Human Trafficking, and Illicit Wildlife Trade

Financial Crime News (FCN) Country Ratings

FCN provides a comprehensive assessment of The Gambia’s financial crime risk. Here are the key ratings:

  • Threat Rating: 59/100 (“Moderate”)
  • Financial Crime Rating: 49/100 (“Mod-High” Risk)
  • Response Rating: 39/100 (“Low-Moderate”)

FCN SSA Country Risk Rating

The FCN SSA Country Risk Rating provides a threat assessment and response rating for The Gambia.

Threats

  • Classification: “Moderate”

Responses

  • Category: “Low-Moderate”

Terrorism and Proliferation Finance

The Gambia’s involvement in terrorism and proliferation finance is relatively low. Here are some key indicators:

  • US DoS INCSR: Not listed
  • Global Terrorist Index (GTI): Not included

Financial Crime and Money Laundering

The Basel AML Index rates The Gambia as 5/10, indicating a moderate risk of financial crime.

OC Index for Proliferation Finance and Corruption

  • Rating: 7/10

Illicit Financial Flows

According to Global Financial Integrity, The Gambia’s illicit financial flows (IFFs) were estimated at US$6.5 million on average up to 2017.

Other Indicators

Here are some additional indicators that provide context for The Gambia’s financial crime landscape:

  • OC Index Rankings: Low rankings in Human Trafficking and Illicit Wildlife Trade
  • FATF List: Not included as a high-risk jurisdiction
  • TI Corruption Perceptions Index (CPI): “Low” rating

Trend

The report concludes that The Gambia’s threat assessment trend is improving.