FATF status

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

Compliance with FATF Recommendations

The last follow-up Mutual Evaluation Report relating to the implementation of anti-money laundering and counter-terrorist financing standards in the United Kingdom was undertaken in 2022. According to that Evaluation, the United Kingdom was deemed Compliant for 24 and Largely Compliant for 15 of the FATF 40 Recommendations. It remains rated Highly Effective for 4 and Substantially Effective for 4 of the Effectiveness & Technical Compliance ratings.

The UK has implemented a robust legal framework to combat bribery and corruption, primarily through the Bribery Act 2010, which holds companies accountable for bribery committed by their representatives both domestically and internationally. While isolated instances of corruption exist, U.S. investors generally do not view corruption as a significant barrier to doing business in the UK. The Serious Fraud Office (SFO) effectively investigates and prosecutes corruption cases, and recent enhancements to the Unexplained Wealth Order regime further strengthen the government's ability to tackle financial crime.

The United Kingdom (UK) is a highly attractive destination for foreign direct investment (FDI), boasting a robust, business-friendly environment and a mature consumer market of over 67 million people. The country has consistently led Europe in greenfield FDI, securing £78.8 billion in 2022 alone, and offers a transparent legal and regulatory framework that treats local and foreign-owned companies equally.

The United Kingdom is a highly attractive destination for foreign direct investment (FDI), boasting a business-friendly environment and a mature consumer market of over 67 million people. The UK government actively encourages inward investment, treating foreign-owned companies on par with local firms, and has established a transparent regulatory framework that protects private ownership. In 2022, the UK secured £78.8 billion in greenfield FDI, leading Europe in this area for 15 consecutive years.