FATF Status

Anguilla is not on the FATF List of Countries that have been identified as having strategic AML deficiencies

Compliance with FATF Recommendations

It should be noted that the new style FATF Mutual Evaluation has not yet been undertaken. 

The last Mutual Evaluation Report relating to the implementation of anti-money laundering and counter-terrorist financing standards in Anguilla was undertaken by the Financial Action Task Force (FATF) in 2012. According to that Evaluation, Anguilla was deemed Compliant for 11 and Largely Compliant for 17 of the FATF 40 + 9 Recommendations. It was Partially Compliant or Non-Compliant for 3 of the 6 Core Recommendations. In 2015, it was recognised that Anguilla had made significant progress in addressing deficiencies identified in its original Mutual Evaluation report and, therefore, it was decided that the country should be removed from the regular follow-up process and agreed that it should now report on any further improvements its Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) system on a biennial basis.

Anguilla's economy is primarily driven by tourism, offshore financial services, and fishing, with a heavy dependence on imported goods due to limited agricultural capacity. The territory has faced economic challenges from natural disasters, particularly hurricanes, but has seen a partial recovery in tourism, bolstered by its luxury destination reputation.

Anguilla presents a favorable investment climate, highlighted by the absence of capital gains, estate, profit, sales, or corporate taxes, making it particularly appealing for offshore businesses. The introduction of a modest income tax in 2011 aims to stabilize government finances while still attracting investors. Additionally, the territory is capitalizing on the demand for .ai web addresses and is committed to renewable energy, further enhancing its investment attractiveness.