American Samoa Country Summary
Sanctions
No
FATF AML Deficient List
No
Terrorism
Corruption
US State ML Assessment
Criminal Markets (GI Index)
EU Tax Blacklist
Offshore Finance Center
Please note that although the below Summary will give a general outline of the AML risks associated with the jurisdiction, if you are a Regulated entity then you may need to demonstrate that your Jurisdictional AML risk assessment has included a full assessment of the risk elements that have been identified as underpinning overall Country AML risk. To satisfy these requirements, we would recommend that you use our Subscription area.
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Anti Money Laundering
American Samoa is an unincorporated territory of the United States. Information for the United States may be included below:
Compliance with FATF Recommendations
American Samoa falls within the jurisdiction of the USA with regard to the Mutual Evaluation Report.
The latest follow-up Mutual Evaluation Report relating to the implementation of anti-money laundering and counter-terrorist financing standards in the USA was undertaken by in 2024. According to that Evaluation, the USA was deemed Compliant for 9 and Largely Compliant for 23 of the FATF 40 Recommendations. It remains Highly Effective for 4 and Substantially Effective for 4 with regard to the 11 areas of Effectiveness of its AML/CFT Regime.
Sanctions
There are no international sanctions currently in force against this country
Bribery & Corruption
Rating | 0 (bad) - 100 (good) |
---|---|
Transparency International Corruption Index | 69 |
World Bank: Control of Corruption Percentile Rank | 83 |
American Samoa, as an unincorporated territory of the United States, aligns with the US's business environment where corruption is not seen as a significant risk for foreign investors. While the US presents a competitive market with numerous opportunities, businesses must navigate a complex regulatory landscape due to various levels of governance and stringent anti-corruption laws. The Foreign Corrupt Practices Act (FCPA) is actively enforced, and companies should be cautious with gifts and facilitation payments, as they could violate other anti-corruption regulations.
Economy
American Samoa's economy is primarily driven by tourism, tuna canning, and government services, although it has been experiencing a sustained economic decline. In 2022, the territory's GDP was estimated at $871 million, with a real GDP per capita of $11,200, and it heavily relies on federal appropriations for economic stability.
The investment climate in American Samoa benefits from its status as a U.S. territory, which offers stability and access to U.S. markets. However, potential investors may be deterred by challenges such as a limited labor force, high unemployment rates, and a struggling tuna industry. Despite these obstacles, the government is actively working to enhance the business environment, particularly by promoting investment in the tourism sector, leveraging the territory's unique cultural heritage and natural beauty.
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- Risk Analysis
- Corruption
- Economy
- Sanctions
- Narcotics
- Executive Summaries
- Investment Climates
- FATF Status
- Compliance
- Key Findings