MUSCAT: Oman has been ranked among the countries with the lowest risk of money laundering in the world, according to the Financial Secrecy Index 2022 which was issued by the Tax Justice Network (TJN).
The report measures the risk of money laundering including helping individuals and entities to hide their financial assets. In GCC, Oman along with Bahrain are the countries with the lowest risk of money laundering.
The Financial Secrecy Index examines how intensely the country’s legal and financial system allows wealthy individuals and criminals to hide and launder money.
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