St Vincent & Gren Country Summary

FATF Status

Saint Vincent and the Grenadines 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 Saint Vincent and the Grenadines was undertaken in 2026. According to that Evaluation, Saint Vincent and the Grenadines was deemed Compliant for 14 and Largely Compliant for 17 of the FATF 40 Recommendations. It remains Highly Effective for 0 and Substantially Effective for 3 of the Effectiveness ratings.

Saint Vincent and the Grenadines has established legal frameworks to address official corruption, with the government generally enforcing these laws and allowing for public access to information, despite some limitations. While the country faces challenges such as human trafficking, drug trade, and financial crimes, it demonstrates resilience through government initiatives focused on youth policies and environmental issues, although the judicial system requires reform and resources are limited for law enforcement.

Saint Vincent and the Grenadines, a member of the OECS and ECCU, has shown resilience in its economy, with an estimated growth rate of 4.8 percent in 2024, despite vulnerabilities to external shocks such as natural disasters and global economic fluctuations. The government actively promotes foreign direct investment (FDI) across various sectors, including renewable energy, tourism, and international financial services, while maintaining an open dialogue with investors through the Invest SVG authority. With no restrictions on foreign ownership and a transparent regulatory framework, the country aims to enhance its investment climate, although it currently lacks a bilateral investment treaty with the United States.