FATF status

Liechtenstein 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 Liechtenstein was undertaken in 2022. According to that Evaluation, Liechtenstein was deemed Compliant for 11 and Largely Compliant for 26 of the FATF 40 Recommendations. It was deemed Highly effective for 0 and Substantially Effective for 5 of the Effectiveness & Technical Compliance ratings.

Liechtenstein has a highly industrialized free-enterprise economy with one of the highest GDPs per capita in the world. Key industries include electronics, pharmaceuticals, and precision instruments, while the country relies heavily on imports for energy, meeting about 85% of its needs this way. Despite limited natural resources, Liechtenstein has more registered companies than citizens, reflecting a robust business environment.

Liechtenstein offers a favorable investment climate characterized by low corporate tax rates and a stable political environment. The government has actively worked to enhance its international reputation by moving away from its past as a tax haven and implementing stricter regulations against money laundering. Additionally, the country's participation in the European Economic Area and its customs union with Switzerland make it an attractive destination for foreign investment.