Guernsey Country Summary
Medium-Low Risk
View full Ratings TableSanctions
Lower Concern
FATF AML Deficient List
Lower Concern
Terrorism
Lower Concern
Corruption
Lower Concern
US State ML Assessment
Medium Concern
Criminal Markets (GI Index)
Medium Concern
EU Tax Blacklist
Lower Concern
Offshore Finance Center
Higher 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.
If you would like a demo of our Subscription area, please reserve a day/time that suits you best using this link, or you may Contact Us for further information.
Anti Money Laundering
FATF Status
Guernsey is not on the FATF List of Countries that have been identified as having strategic AML deficiencies
Compliance with FATF Recommendations
The last Mutual Evaluation Report relating to the implementation of anti-money laundering and counter-terrorist financing standards in Guernsey was undertaken in 2024. According to that Evaluation, Guernsey was deemed Compliant for 25 and Largely Compliant for 15 of the FATF 40 Recommendations. It was deemed Highly Effective for 2 and Substantially Effective for 4 of the Effectiveness ratings.
Sanctions
There are currently no international sanctions in force against Guernsey.
Criminality
Rating |
0 (bad) - 100 (good) |
|---|---|
| Transparency International Corruption Index | NA |
| World Bank: Control of Corruption Percentile Rank | NA |
Guernsey exhibits a relatively low level of crime and corruption, contributing to a stable and secure environment for its residents. The community demonstrates resilience to crime, suggesting effective governance and law enforcement practices that maintain public trust and safety.
Economy
Guernsey's economy is a high-income entity primarily driven by a robust financial sector, which has faced challenges due to the COVID-19 pandemic. The island's labor market is relatively stable, with a low unemployment rate of 5.98% and a significant portion of its GDP derived from financial services, tourism, and agriculture. Guernsey's favorable investment climate, characterized by light taxation and a strong credit rating of AA-/A-1+ from Standard & Poor's, continues to attract investors, bolstered by government initiatives to support infrastructure and public services.
Subscribe to
Professional Plus
- Unlimited Access to full Risk Reports
- Full Dataset Download
- API Access
- Virtual Asset Risk Assessments
