Austria Country Summary
Medium-Low Risk
View full Ratings TableSanctions
Lower Concern
FATF AML Deficient List
Lower Concern
Terrorism
Medium Concern
Corruption
Lower Concern
US State ML Assessment
Medium Concern
Criminal Markets (GI Index)
Medium Concern
EU Tax Blacklist
Lower Concern
Offshore Finance Center
Lower 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
Austria is not on the FATF List of Countries that have been identified as having strategic AML deficiencies
Compliance with FATF Recommendations
The latest Follow-up Report & Technical Compliance Re-Rating was completed in April 2026. According to that Evaluation, Austria was deemed Compliant for 14 and Largely Compliant for 25 of the FATF 40 Recommendations. It was deemed Highly Effective for 1 and Substantially Effective for 2 with regard to the 11 areas of Effectiveness of its AML/CFT Regime.
Sanctions
There are currently no international sanctions in force against Austria.
Criminality
Rating |
0 (bad) - 100 (good) |
|---|---|
| Transparency International Corruption Index | 69 |
| World Bank: Control of Corruption Percentile Rank | 83 |
Austria faces challenges related to corruption, highlighted by a series of high-profile scandals that have eroded public trust in political institutions. Despite having a robust legal framework to combat corruption and organized crime, issues such as slow judicial processes and weak lobbying regulations hinder effective governance and transparency.
In terms of criminal activity, Austria serves as both a destination and transit country for human trafficking and drug trafficking, with foreign criminal networks playing significant roles in these markets. However, the country demonstrates resilience through strong political stability, effective law enforcement, and well-developed victim support systems, although there is room for improvement in anti-money laundering measures and resource allocation for prevention strategies.
Economy
Austria boasts a well-developed market economy characterized by political stability and a high standard of living, making it an attractive destination for foreign direct investment, especially in technology and research and development sectors. The economy is heavily export-oriented, with over 50% of its GDP coming from exports, primarily to EU partners like Germany and the United States, although it faced a recession in 2023 due to manufacturing slowdowns and high inflation rates. Challenges such as high labor costs, a complex regulatory environment, and energy price volatility continue to impact the investment climate, despite Austria's strong infrastructure and harmonious labor relations.
Subscribe to
Professional Plus
- Unlimited Access to full Risk Reports
- Full Dataset Download
- API Access
- Virtual Asset Risk Assessments
