Bonaire, Sint Eustatius and Saba Country Summary
Medium-Low Risk
View full Ratings TableSanctions
Lower Concern
FATF AML Deficient List
Lower Concern
Terrorism
Lower Concern
Corruption
Lower Concern
US State ML Assessment
Higher 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
Bonaire, Sint Eustatius and Saba are special municipalities of the Netherlands. As such, we are including the information for the Netherlands below:
FATF Status
The Netherlands 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 the Netherlands was undertaken in 2025. According to that Evaluation, the Netherlands was deemed Compliant for 10 and Largely Compliant for 29 of the FATF 40 Recommendations. It was deemed Highly effective for 2 and Substantially Effective for 5 of the Effectiveness & Technical Compliance ratings.
Sanctions
There are currently no international sanctions in force against Bonaire, Sint Eustatius and Saba.
Criminality
Rating |
0 (bad) - 100 (good) |
|---|---|
| Transparency International Corruption Index | 78 |
| World Bank: Control of Corruption Percentile Rank | 96 |
Bonaire, Sint Eustatius, and Saba, as special municipalities of the Netherlands, benefit from the country's strong legal framework and commitment to combating corruption and organized crime. While the region faces challenges such as human trafficking, drug-related issues, and financial crimes, effective governance and international cooperation contribute to resilience against these threats, supported by victim assistance programs and awareness campaigns.
Economy
The economy of Bonaire, Sint Eustatius, and Saba is predominantly driven by tourism, which is crucial for revenue generation and employment opportunities on the islands. While the use of the U.S. dollar since 2011 has contributed to economic stability, the islands face challenges such as a small labor market and limited natural resources that can impede growth. The investment climate benefits from their status as special municipalities of the Netherlands, yet potential investors may encounter bureaucratic obstacles and a need for improved infrastructure, necessitating ongoing government initiatives to enhance the business environment and attract foreign investment.
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