Saint Barthélemy 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.

Saint Barthélemy, as an overseas collectivity of France, is subject to French anti-corruption laws aimed at enhancing public trust and transparency. The "Loi Sapin II" and other legislative measures have established a framework for combating corruption, including the creation of an anti-corruption agency and requirements for lobbyist registration. Despite these efforts, concerns remain regarding the enforcement of foreign bribery laws and the independence of judicial processes, indicating that while the legal framework is strong, practical implementation and awareness-raising efforts still need improvement.

Saint Barthélemy has a high-income economy primarily driven by tourism and duty-free luxury commerce, with a nominal GDP estimated at 367 million euros in 2014 and a per capita GDP of 38,994 euros, making it one of the wealthiest regions in the Caribbean. The island is heavily import-dependent for essential goods and attracts around 200,000 visitors annually, significantly boosting the local economy.

The investment climate in Saint Barthélemy is favorable, particularly for luxury tourism and real estate development, supported by a stable legal framework due to its status as a French overseas collectivity. The local government actively promotes tourism and infrastructure development, which has led to significant growth in construction and hospitality services, making the island an attractive destination for affluent travelers.