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 has a small, tourism-dependent economy that has been significantly impacted by the COVID-19 pandemic and hurricanes. The main industries are tourism, offshore financial services, and fishing, with a high reliance on imports due to limited local agricultural production, leading to a trade imbalance and high public debt.

Anguilla presents an attractive investment climate, particularly in the tourism and offshore sectors, due to its lack of capital gains, estate, profit, sales, or corporate taxes. The territory has also experienced increased demand for its top-level domain .ai, which is anticipated to generate significant revenue from domain registration fees. Furthermore, the government is focused on diversifying the economy and enhancing renewable energy sources, supported by a robust financial system.