Tokelau Country Summary
Sanctions
Low Concern
FATF AML Deficient List
Low Concern
Terrorism
Medium Concern
Corruption
Low Concern
US State ML Assessment
Low Concern
Criminal Markets (GI Index)
Medium Concern
EU Tax Blacklist
Low Concern
Offshore Finance Center
Low Concern
Please note that although the below Summary will give a general outline of the AML risks associated with the jurisdiction, if you are a Regulated entity then you may need to demonstrate that your Jurisdictional AML risk assessment has included a full assessment of the risk elements that have been identified as underpinning overall Country AML risk. To satisfy these requirements, we would recommend that you use our Subscription area.
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Anti Money Laundering
Tokelau is a dependent territory of New Zealand. Information for New Zealand may be included below:
FATF Status
New Zealand is not on the FATF List of Countries that have been identified as having strategic AML deficiencies
Compliance with FATF Recommendations
The latest Mutual Evaluation Report relating to the implementation of anti-money laundering and counter-terrorist financing standards in New Zealand was undertaken in 2021. According to that Evaluation, New Zealand was deemed Compliant for 8 and Largely Compliant for 20 of the FATF 40 Recommendations. It was deemed Highly effective for 2 and Substantially Effective for 4 of the Effectiveness & Technical Compliance ratings.
Sanctions
There are no international sanctions currently in force against this country
Criminality
Rating |
0 (bad) - 100 (good) |
|---|---|
| Transparency International Corruption Index | 83 |
| World Bank: Control of Corruption Percentile Rank | 99 |
Tokelau, as a dependent territory of New Zealand, benefits from the country's strong anti-corruption measures, which include strict penalties for bribery and active participation in international agreements aimed at enhancing transparency. Despite facing challenges such as human trafficking and drug-related crimes, New Zealand maintains a stable governance structure and effective law enforcement, although vulnerabilities in financial sectors persist. The country also engages in efforts to combat organized crime and supports civil society initiatives to protect workers and prevent youth involvement in criminal activities.
Economy
Tokelau's economy is one of the smallest in the world, primarily relying on subsistence agriculture and fishing, with key crops including coconuts, taro, and bananas. Economic activities are limited, generating revenue mainly from copra sales, postage stamps, and remittances from Tokelauans abroad, while recent efforts to diversify include domain name registrations under .tk.
The investment climate in Tokelau is shaped by its status as a dependent territory of New Zealand, which provides substantial funding and support. However, the limited economic opportunities and small population hinder the attraction of foreign investment. Despite these challenges, Tokelau's commitment to renewable energy and sustainability may create future opportunities for investment in green technologies.
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- Risk Analysis
- Corruption
- Economy
- Sanctions
- Narcotics
- Executive Summaries
- Investment Climates
- FATF Status
- Compliance
- Key Findings