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 reliance on external sources due to limited agricultural capacity. The territory has experienced economic challenges from natural disasters, particularly hurricanes, but has seen a recovery in tourism, bolstered by its status as a luxury destination and a popular tax haven.

The investment climate in Anguilla is favorable for foreign investors, particularly in the tourism and financial sectors, thanks to attractive tax incentives and a stable political environment. The government is focused on diversifying the economy and enhancing infrastructure to draw in more investments, while recent initiatives like the introduction of an income tax and renewable energy integration signal a commitment to sustainable growth.