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 anti-corruption standards. The Netherlands ranks eighth in Transparency International's 2023 Corruption Perception Index and has implemented robust anti-bribery legislation since 2001, supported by various agencies that promote integrity and protect whistleblowers. While corruption is not a significant issue, the country faces criticism from the OECD for its limited investigation and prosecution of transnational bribery.

The economy of Bonaire, Sint Eustatius, and Saba is primarily driven by tourism, which serves as a major income source for the islands. The transition to the U.S. dollar in 2011 has contributed to economic stability, although challenges such as high living costs and limited local job opportunities persist.

The investment climate in Bonaire, Sint Eustatius, and Saba benefits from their status as special municipalities of the Netherlands, offering legal and economic stability that attracts foreign investment. However, investors face challenges such as bureaucratic hurdles, limited infrastructure, and high living costs, which necessitate careful navigation of local policies and market conditions.