United States Country Summary

FATF Status

The U.S.A. 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 the USA was undertaken by in 2024. According to that Evaluation, the USA was deemed Compliant for 9 and Largely Compliant for 23 of the FATF 40 Recommendations. It remains Highly Effective for 4 and Substantially Effective for 4 with regard to the 11 areas of Effectiveness of its AML/CFT Regime.

The United States grapples with a range of criminal activities, including human trafficking, drug trade, and cyber crimes, often driven by both domestic and international criminal networks. Despite these challenges, the country demonstrates resilience through a robust legal framework, international cooperation, and active civil society engagement, although issues such as political polarization and public trust in law enforcement remain significant concerns.

The United States boasts the largest economy in the world, with a nominal GDP exceeding $29 trillion in 2024, representing over 25% of global economic output. Its economy is primarily consumer-driven, with personal consumption expenditures surpassing $18.5 trillion in 2023, although it grapples with significant income inequality and poverty among millions. The investment climate remains strong, bolstered by a robust legal framework, a large consumer market, and a skilled workforce, despite challenges such as regulatory complexities and high corporate tax rates that may deter some investors.