Guadeloupe Country Summary
Sanctions
Lower Concern
FATF AML Deficient List
Lower Concern
Terrorism
Lower 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.
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Anti Money Laundering
Guadeloupe is an overseas region and department of France. Information for France may be included below:
FATF Status
France 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 Mutual Evaluation Report relating to the implementation of anti-money laundering and counter-terrorist financing standards in France was undertaken in 2022. According to that Evaluation, France was deemed Compliant for 19 and Largely Compliant for 18 of the FATF 40 Recommendations. It was rated Highly Effective for 3 and Substantially Effective for 6 of the Effectiveness & Technical Compliance ratings.
Sanctions
There are no international sanctions currently in force against this country
Criminality
Rating |
0 (bad) - 100 (good) |
|---|---|
| Transparency International Corruption Index | 67 |
| World Bank: Control of Corruption Percentile Rank | 84 |
Guadeloupe, as an overseas region of France, is subject to French laws aimed at combating corruption, including the 2017 law on "Restoring Confidence in Public Life" and the "Loi Sapin II," which established an anti-corruption agency and mandated transparency measures for public officials. Despite these efforts, concerns remain regarding the enforcement of anti-corruption laws, particularly in foreign bribery cases, where the prosecution of legal entities has been limited and legislative reforms have not been fully realized. France's commitment to addressing corruption has been questioned due to ongoing issues with ministerial appointments and the effectiveness of existing legal frameworks.
Economy
Guadeloupe's economy is primarily driven by tourism, agriculture, light industry, and services, with public administration as the largest employer. In 2017, the GDP reached €9.079 billion, reflecting a growth of 3.4%, while the GDP per capita was €23,152, highlighting the significance of agriculture and tourism, despite challenges such as hurricanes and high unemployment rates.
Guadeloupe's investment climate benefits from its status as an overseas department of France, granting access to EU markets and funding. However, challenges such as high unemployment rates, especially among youth, and a reliance on subsidies from mainland France may deter potential investors. The local government is working to enhance the investment environment through infrastructure development and business incentives.
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- Risk Analysis
- Corruption
- Economy
- Sanctions
- Narcotics
- Executive Summaries
- Investment Climates
- FATF Status
- Compliance
- Key Findings