Fiji Country Summary
Medium-Low Risk
View full Ratings TableSanctions
Lower Concern
FATF AML Deficient List
Lower Concern
Terrorism
Medium Concern
Corruption
Medium Concern
US State ML Assessment
Lower 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.
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Anti Money Laundering
FATF Status
Fiji 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 Fiji was undertaken in 2023. According to that Evaluation, Fiji was deemed Compliant for 13 and Largely Compliant for 21 of the FATF 40 Recommendations. It remains Highly effective for 0 and Substantially Effective for 0 of the Effectiveness & Technical Compliance ratings.
Sanctions
There are currently no international sanctions in force against Fiji.
Criminality
Rating |
0 (bad) - 100 (good) |
|---|---|
| Transparency International Corruption Index | 55 |
| World Bank: Control of Corruption Percentile Rank | 66 |
Fiji faces challenges related to corruption, with legal mechanisms in place that often result in slow progress on cases. The Fiji Independent Commission Against Corruption (FICAC) has been active in investigating high-profile cases, including recent convictions of former government officials, indicating a degree of resilience against systemic corruption despite the influence of personal relationships in decision-making.
Economy
Fiji offers a generally favorable environment for foreign direct investment (FDI), supported by a stable political climate and government initiatives aimed at economic diversification and growth. Key sectors for investment include energy, tourism, healthcare, and information technology, although restrictions exist in areas such as land ownership and critical infrastructure. Despite these opportunities, challenges such as bureaucratic hurdles, high public debt, and labor shortages persist, potentially impacting the overall investment climate and economic growth.
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