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.

Tuvalu's economy is primarily dependent on fishing, international aid, and remittances from citizens working abroad, particularly in maritime sectors. The country has a small GDP and is classified as a least developed country, with limited agricultural production focused on subsistence farming and significant reliance on food imports.

Tuvalu's investment climate is shaped by its remote location and limited infrastructure, which can pose challenges for attracting foreign investment. Nevertheless, the government actively seeks international partnerships and aid to bolster development projects, particularly in areas such as climate adaptation and infrastructure. The Tuvalu Trust Fund, supported by contributions from Australia, New Zealand, and the UK, plays a vital role in providing financial stability amid economic difficulties.