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Tuvalu Country Summary

Sanctions

No

FATF AML Deficient List

No but Mutual Evaluation not yet undertaken

Terrorism
Corruption
US State ML Assessment
Criminal Markets (GI Index)
EU Tax Blacklist
Offshore Finance Center

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

FATF status

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

Compliance with FATF Recommendations

Tuvalu has not yet undertaken a Mutual Evaluation relating to the implementation of anti-money laundering and counter-terrorist financing standards.

Sanctions

There are no international sanctions currently in force against this country

Bribery & Corruption

Rating 0 (bad) - 100 (good)
Transparency International Corruption Index NA
World Bank: Control of Corruption Percentile Rank 72

Economy

Tuvalu has a small and fragile economy that primarily depends on fishing, international aid, and remittances from citizens working abroad. The country generates income through fishing permit licensing, grants, and the commercialization of its '.tv' internet domain, while agriculture is limited to subsistence farming due to poor soil quality.

The investment climate in Tuvalu is shaped by its limited resources and geographical isolation, which pose challenges for foreign investments. However, the government is actively working to enhance infrastructure and attract investments, particularly in sustainable development and climate resilience projects. Additionally, Tuvalu's participation in international agreements aims to improve its investment environment by addressing climate change and security issues.

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  • Key Findings
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