Dominica — Country Risk Report

Dominica (Americas • Caribbean). Risk report as of the 19 Jun 2026 FATF plenary.

Moderate country risk, with rule-of-law and institutional weakness. Dominica's overall country risk score is 3.7/10, placing it in the moderate-risk band. The principal driver is weak rule of law and institutions, alongside corruption risk. Dominica is not currently FATF grey- or black-listed. The v2 geographic-sanctions classification is under independent review, so the absence of a programme is not inferred. Firms should apply additional scrutiny where exposure involves state-linked entities, restricted sectors, sensitive technology, dual-use goods or politically exposed counterparties.

Recommended treatment

Standard due diligence, with enhanced checks for defined risk triggers.

At a glance

  • FATF status: Not currently listed (one indicator only; does not by itself set the overall AML risk rating)
  • Geographic sanctions classification: independent review pending; absence is not inferred and applicable lists must still be screened.
  • Governance (WGI) base: 3.7/10
  • Corruption (CPI 2025): 60/100, rank #37 of 182
  • Enforcement data: not yet assessed (no RegActions coverage)

RegActions Country Risk Score: 3.7/10 (Moderate)

This is the historical v1 comparison score. Higher score = higher risk (global average 4.9). It uses a World Bank WGI governance base with FATF and the legacy sanctions snapshot as escalators (capped at 10). V2 is shown separately and withholds sanctions scoring while classifications are under review. Enforcement volume and CPI are shown but not scored.

How it is scored

  • Corruption (WGI) (35%): 4.1/10
  • Rule of law & institutions (40%): 4.2/10
  • Political stability (15%): 1.3/10
  • Voice & accountability (10%): 3.7/10
  • Governance base: 3.7
  • Composite: 3.7

Principal risk drivers

  • Governance-driven baseline risk; sanctions classification pending independent review

Mitigating factors

  • Not currently on the FATF grey or black list.
  • Comparatively stronger political stability (1.3/10).
  • Risk is concentrated in specific counterparties, sectors and transactions rather than applying uniformly.

Business impact

  • Customer onboarding (Medium): Additional ownership and control verification may be required.
  • Payments and transactions (Medium): Review transaction purpose, counterparties and geographic routing.
  • Trade and export activity (Medium): Screen goods, end users and potential dual-use exposure.
  • Corporate clients (Medium): Assess state ownership, government links and political exposure.
  • Ongoing monitoring (Medium): Apply alerts for ownership changes, sanctions and geopolitical developments.

Recommended controls

  • Verify ultimate beneficial ownership using more than one reliable source.
  • Identify state ownership, government influence and politically exposed persons.
  • Screen entities, directors and beneficial owners against applicable sanctions lists.
  • Apply enhanced review to technology, defence, telecommunications, financial services and dual-use activity.
  • Document transaction purpose and source of funds where cross-border structures are complex.
  • Escalate unresolved ownership opacity or adverse information to Compliance.

Enhanced due diligence triggers

  • State ownership / control
  • PEP involvement
  • Sensitive / restricted sectors
  • Opaque ownership
  • Adverse media
  • Dual-use goods & technology
  • High-risk intermediary routing

FATF status: Not currently listed

Dominica is not on the FATF grey or black list as of the 19 Jun 2026 plenary.

Attributed indicators

Sanctions programme by imposer (reviewed 2026-07)

  • UN: No
  • EU: No
  • UK: No
  • US: No

“No” means no country-level programme by that imposer is identified; individual listed persons may still exist.

Governance sub-scores (World Bank WGI 2024, percentile)

  • Government Effectiveness: 54/100
  • Regulatory Quality: 56/100
  • Rule of Law: 64/100

Regulators and legal framework

FATF network

FATF network via CFATF.

National regulators

Regulator profiles not yet available on RegActions.

Framework signals

  • FATF listing: Not currently listed
  • Sanctions exposure: independent classification review pending
  • Corruption (CPI 2025): 60/100, rank #37 of 182
  • Rule of law (WGI): 4.2/10 risk

Assessment currency

  • FATF status: Not listed (as of 19 Jun 2026)
  • Sanctions exposure: Classification review pending — absence not inferred (as of 16 Jul 2026)
  • Governance (WGI): Latest dataset incorporated (as of 2024)
  • Corruption (CPI): 60/100 (as of 2025)
  • RegActions assessment: Reviewed (as of 19 Jun 2026)

Regional peer scores

Source: FATF black & grey lists · World Bank WGI (CC BY 4.0 — World Bank WGI) · TI CPI (CC BY-ND 4.0 — Transparency International, display only)