United Kingdom 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
Higher 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.
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Anti Money Laundering
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.
Sanctions
There are currently no international sanctions in force against United Kingdom.
Criminality
Rating |
0 (bad) - 100 (good) |
|---|---|
| Transparency International Corruption Index | 70 |
| World Bank: Control of Corruption Percentile Rank | 91 |
The state of crime and corruption in the United Kingdom reflects a complex landscape where isolated instances of bribery and corruption exist, yet they are not perceived as significant barriers to business by U.S. investors. The UK has enacted robust legislation, such as the Bribery Act 2010, and established independent bodies like the Serious Fraud Office to combat corruption effectively, while also facing challenges from organized crime, human trafficking, and cybercrime, which require ongoing vigilance and international cooperation.
Economy
The United Kingdom (UK) presents a favorable economy and investment climate, characterized by a welcoming stance towards foreign direct investment (FDI) and a robust legal framework that protects investor rights. With a population exceeding 68 million and a diverse consumer market, the UK offers significant opportunities for growth across various sectors, supported by transparent regulations and a strong financial services industry. However, recent government policies aimed at stimulating economic growth have faced criticism, leading to a decline in investor confidence amid global market volatility, although the UK remains a leading destination for greenfield FDI in Europe.
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