Montserrat Country Summary

FATF Status

Montserrat 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 Montserrat was undertaken in 2025. According to that Evaluation, Montserrat was deemed Compliant for 18 and Largely Compliant for 16 of the FATF 40 Recommendations. It was deemed Highly Effective for 0 and Substantially Effective for 2 of the Effectiveness ratings.

Montserrat experiences a relatively low level of crime and corruption, contributing to a sense of safety and stability among its residents. The community demonstrates resilience to crime, with effective local governance and social cohesion playing key roles in maintaining order and trust.

Montserrat's economy has been significantly impacted by the 1995 volcanic eruptions, leading to a reliance on British government support alongside local revenue sources. The economic landscape is primarily focused on tourism, agriculture, and small-scale manufacturing, with recent investments aimed at enhancing energy independence through geothermal and solar projects. While the investment climate benefits from the stability of being a British Overseas Territory, challenges such as ongoing volcanic activity and limited infrastructure may deter potential investors despite government initiatives like the Little Bay Port Development Project aimed at economic revitalization.