Bonaire, Sint Eustatius and Saba are special municipalities of the Netherlands. Information for the Netherlands may be included below:

FATF Status

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

Compliance with FATF Recommendations

The last Mutual Evaluation Report relating to the implementation of anti-money laundering and counter-terrorist financing standards in the Netherlands was undertaken in 2022. According to that Evaluation, the Netherlands was deemed Compliant for 10 and Largely Compliant for 28 of the FATF 40 Recommendations. It was deemed Highly effective for 2 and Substantially Effective for 5 of the Effectiveness & Technical Compliance ratings.

Bonaire, Sint Eustatius, and Saba are special municipalities of the Netherlands, which adheres to international standards in combating corruption. The Netherlands ranks eighth in Transparency International's 2020 Corruption Perception Index and has enacted robust anti-bribery legislation, including compliance with the OECD Anti-Bribery Convention. While corruption is not a significant barrier to business, the country faces criticism for its investigation and prosecution efforts, despite having a transparent public administration and a legal framework that prohibits bribery.

The economy of Bonaire, Sint Eustatius, and Saba is predominantly driven by tourism, which is essential for revenue generation and employment. The islands have limited agricultural production, relying heavily on imports, and face challenges such as high living costs and a lack of economic diversification.

The investment climate in Bonaire, Sint Eustatius, and Saba benefits from their status as special municipalities of the Netherlands, which ensures legal and economic stability. While the islands offer opportunities for investment in tourism and sustainable development, challenges such as small market size and limited infrastructure may deter potential investors.