Poland Country Summary

FATF Status

Poland 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 Poland was undertaken in October 2024. According to that Evaluation, Poland was deemed Compliant for 3 and Largely Compliant for 23 of the FATF 40 Recommendations. It remains Highly Effective for 0 and Substantially Effective for 3 of the Effectiveness ratings.

Poland faces significant challenges related to crime and corruption, despite having established laws and institutions aimed at combating these issues. While the government has made efforts to address corruption through various anti-corruption laws and the active role of the Central Anti-Corruption Bureau, concerns remain regarding the effectiveness of enforcement, particularly in cases of foreign bribery and judicial independence, which can undermine public trust in political institutions.

The country is also grappling with organized crime, including human trafficking, drug markets, and financial crimes, often exacerbated by the influence of foreign criminal networks. Although there are systems in place to combat these issues, including victim assistance and witness protection programs, the growing grey economy and political interference in law enforcement hinder Poland's resilience to crime and corruption, highlighting the need for ongoing reforms and stronger governance.

Poland's economy has demonstrated resilience and growth, outpacing the European Union average in recent years, largely due to robust fundamentals and effective macroeconomic policies. However, in 2023, the economy faced stagnation driven by inflation and reduced household spending, although a rebound is anticipated in 2024, supported by increased household consumption and external demand. The new coalition government, which took office in December 2023, aims to enhance investment predictability and foster a more business-friendly environment, which, along with the expected release of EU funds, is likely to stimulate economic growth and attract foreign investment in the coming years.