French Polynesia is an overseas collectivity of France. Information for France may be included below:

FATF Status

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

Compliance with FATF Recommendations

The latest follow-up Mutual Evaluation Report relating to the implementation of anti-money laundering and counter-terrorist financing standards in France was undertaken in 2022. According to that Evaluation, France was deemed Compliant for 19 and Largely Compliant for 18 of the FATF 40 Recommendations. It was rated Highly Effective for 3 and Substantially Effective for 6 of the Effectiveness & Technical Compliance ratings.

French Polynesia, as an overseas collectivity of France, is subject to French laws aimed at combating corruption, including the "Loi Sapin II" which established an anti-corruption agency and mandated transparency in public life. Despite these measures, concerns remain regarding the effectiveness of enforcement, particularly in cases involving foreign bribery, as the country has faced criticism for insufficient prosecutions and a lack of clarity in legal definitions. Overall, while corruption is perceived as a low risk for businesses in France, ongoing challenges in public procurement and political funding continue to raise concerns.

French Polynesia has a small, tourism-based economy heavily reliant on imports and French financial assistance, with tourism being a major contributor to its GDP. In 2021, the GDP was estimated at $5.815 billion, reflecting a per capita GDP of approximately $18,600, and while the economy has shown resilience post-COVID-19, it remains vulnerable to external economic fluctuations.

The investment climate in French Polynesia benefits from its status as an overseas collectivity of France, providing stability and access to EU markets. However, challenges such as high unemployment and a heavy reliance on imports may deter potential investors. The government actively encourages foreign investment, particularly in tourism and infrastructure, to diversify the economy.