Grenada Country Summary

FATF Status

Grenada 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 Grenada was undertaken in 2026. According to that Evaluation, Grenada was deemed Compliant for 12 and Largely Compliant for 19 of the FATF 40 Recommendations. It remains Highly effective for 0 and Substantially Effective for 0 of the Effectiveness & Technical Compliance ratings.

Grenada has made commitments to combat corruption through international agreements and local legislation, such as the Integrity in Public Life Act, which mandates public servants to disclose their income and assets. While the country faces challenges related to crime, including human trafficking and drug-related issues, it has a stable governance structure and an active civil society working to address these concerns, although resource limitations hinder their effectiveness.

Grenada presents a stable and investor-friendly economic environment characterized by political stability, a well-regulated financial system, and government support for key sectors such as tourism, agriculture, and renewable energy. The government actively promotes foreign direct investment (FDI) through various incentives, including tax holidays and a Citizenship by Investment (CBI) program, while ensuring a level playing field for both local and foreign investors. Despite challenges such as a small market size and vulnerability to natural disasters, Grenada remains an appealing destination for investment, particularly in sustainable tourism, agro-processing, and green energy sectors, supported by a proactive investment promotion agency, the Grenada Investment Development Corporation (GIDC).