Liechtenstein Country Summary

FATF Status

Liechtenstein is not on the FATF List of Countries that have been identified as having strategic AML deficiencies

Compliance with FATF Recommendations

The last Mutual Evaluation Report relating to the implementation of anti-money laundering and counter-terrorist financing standards in Liechtenstein was undertaken in 2022. According to that Evaluation, Liechtenstein was deemed Compliant for 11 and Largely Compliant for 26 of the FATF 40 Recommendations. It was deemed Highly effective for 0 and Substantially Effective for 5 of the Effectiveness & Technical Compliance ratings.

Liechtenstein experiences low levels of crime and corruption, with human trafficking and drug-related issues being present but limited in scale. The government actively combats organized crime through effective governance, a transparent judicial system, and robust law enforcement, while also addressing financial crimes and enhancing banking transparency to mitigate the risks associated with being a potential tax haven.

Liechtenstein's economy is characterized by its high-income status and one of the highest GDP per capita globally, largely driven by a robust financial services sector and a diverse industrial base that includes electronics, pharmaceuticals, and precision instruments. The principality enjoys favorable investment conditions, closely aligned with Switzerland due to their customs union and shared currency, the Swiss franc, while also participating in the European Economic Area, which enhances its trade and investment opportunities. With a low corporate tax rate of 12.5% and a commitment to regulatory improvements, Liechtenstein is actively working to attract legitimate business investments, reflecting its stable economic environment and the presence of more registered companies than citizens.