Guinea — Country Risk Report

Guinea (Africa • West Africa). Risk report as of the 19 Jun 2026 FATF plenary.

High country risk, with elevated corruption risk. Guinea's country risk score is 6.5/10, placing it in the high-risk band. The principal driver is weak corruption, alongside voice and accountability risk. Guinea is not currently FATF grey- or black-listed. Guinea is not subject to comprehensive country-wide sanctions. Firms should apply additional scrutiny where exposure involves state-linked entities, restricted sectors, sensitive technology, dual-use goods or politically exposed counterparties.

Recommended treatment

Enhanced due diligence.

At a glance

• FATF status: Not currently listed (one indicator only; it does not set the overall country risk rating by itself)
• Comprehensive country sanctions: none identified. Targeted sanctions exposure: programmes in place, screen applicable lists
• Government effectiveness and rule of law: 6.3/10
• Corruption (CPI 2025): 26/100, rank #142 of 182
• Enforcement data: not yet assessed (no RegActions coverage)

Country Risk Score: 6.5/10 (High)

Higher score means higher country risk (global average 4.6). Full information available. Strong data coverage. Enforcement activity and CPI are shown for context but do not change the score.

All three parts of the score are available.

How this score was calculated

• Financial crime controls: 8.1/10 — 50% of this score
• Government effectiveness and rule of law: 6.3/10 — 30% of this score
• International sanctions: 2.8/10 — 20% of this score

Principal risk drivers

• Targeted sanctions exposure
• Corruption (WGI) — 7.6/10
• Voice & accountability — 6.4/10
• Rule of law & institutions — 6.3/10
• Political stability — 5.2/10

Mitigating factors

• Not currently on the FATF grey or black list.
• No comprehensive country-wide sanctions programme.
• Risk is concentrated in specific counterparties, sectors and transactions rather than applying uniformly.

Business impact

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

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

Sanctions: Targeted

• EU — targeted: Restrictive measures in view of the situation in Guinea (source)
• UK — targeted: Guinea sanctions (source)

Source details

International sanctions by issuing body

• UN: No
• EU: Yes (Targeted)
• UK: Yes (Targeted)
• US: No

No means the complete UN, UK, EU and US review found no direct country-level programme. People or organisations may still appear on sanctions lists.

Government effectiveness and rule of law (World Bank 2024, percentile)

• Government Effectiveness: 34/100
• Regulatory Quality: 41/100
• Rule of Law: 37/100

Regulators and legal framework

FATF network

FATF network via GIABA.

• Inter Governmental Action Group against Money Laundering in West Africa

Last mutual evaluation: 2024 · report

National regulators

Regulator profiles not yet available on RegActions.

FIU: Not an Egmont Group member

Framework signals

• FATF listing: Not currently listed
• International sanctions: targeted exposure
• Corruption (CPI 2025): 26/100, rank #142 of 182
• Rule of law (WGI): 6.3/10 risk

Sector exposure

• Banking & payments (Elevated): Weak rule-of-law governance (WGI 6.3/10 risk)
• Trade & export controls (Elevated): Targeted sanctions require screening of listed counterparties
• Crypto & virtual assets (Elevated): Weak accountability governance (WGI 6.4/10 risk)
• Real estate & luxury assets (Elevated): Elevated corruption exposure (CPI 26/100)
• State-linked & procurement (High): High state-capture risk (corruption WGI 7.6/10)

Derived from sanctions tier, FATF listing, World Bank WGI governance and CPI; no per-sector dataset is asserted.

Guinea: analysis

Guinea's profile rests on its governance indicators, as neither FATF listing nor sanctions currently apply. Corruption (severe risk, weight 35%) is the primary driver, followed by rule of law and institutions (elevated risk, weight 40%). Voice and accountability stands (weight 10%). Political stability is the most favourable domain but remains elevated. The CPI reading underscores significant integrity deficits. Guinea sits well below the median of assessed jurisdictions on the World Bank governance indicators. The absence of a FATF listing or sanctions means the full profile reflects governance conditions alone.

Outlook

Guinea's high-risk rating is driven by structural governance weaknesses in a resource-rich economy with historically weak institutional oversight. The absence of a FATF designation means no formal international AML/CFT escalation is currently active, but the underlying conditions remain conducive to financial crime risk. Firms should monitor political and governance developments, particularly given the extractive sector's exposure to corruption and opacity.

Key watchpoints

• Any future FATF mutual evaluation findings or grey-list consideration.
• Corruption risk in mining revenues, public procurement, and beneficial ownership frameworks.
• Political stability developments and their effect on rule-of-law conditions.
• AML/CFT supervisory capacity and financial intelligence unit effectiveness.

Assessment currency

• FATF status: Not listed (as of 19 Jun 2026)
• Sanctions exposure: Targeted programmes in place (as of Jul 2026)
• Governance (WGI): Latest dataset incorporated (as of 2024)
• Corruption (CPI): 26/100 (as of 2025)
• RegActions assessment: Reviewed (as of 19 Jun 2026)

Public evidence layer

FATF action: none. No FATF call-for-action or increased-monitoring status was identified at the latest plenary. This does not establish low risk.

Contextual signals (not scored)

• FATF network membership: FATF regional network: GIABA (present, as of 2026-07)
• EU non-cooperative tax jurisdictions: Not listed in Annex I (absent, as of 2026-02-17)
• Egmont Group FIU: No Egmont member FIU identified (absent, as of 2026-07-17)
• Beneficial-ownership register: No live register identified in the source (unavailable, as of 2026-07-17)
• Transparency International CPI: 26/100, rank 142 (present, as of 2025)

Evidence freshness

• FATF monitored-jurisdiction status: current; data 2026-06-19
• FATF mutual evaluation and follow-up ratings: current; data 2026-07-31; follow-up 2025-11; base assessment 2024-01
• World Bank governance indicators: current; data 2024
• UN, UK, EU and US sanctions regimes: current; data 2026-08-13

Contextual signals are public evidence only and do not change the immutable v2 score.

Download evidence PDF · CSV · JSON

Regional peer scores

• Central African Republic: 7.8/10 (Very high)
• Democratic Republic of the Congo: 7.6/10 (Very high)
• Somalia: 7.3/10 (Very high)
• South Sudan: 7.3/10 (Very high)
• Sudan: 7.1/10 (Very high)
• Eritrea: 6.9/10 (High)

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)