Financial Crime World

Equatorial Guinea Threat Assessment Report

Financial Crime News (FCN) Country Ratings

  • Threat Rating: 61/100 (“Low to Moderate” threat)
  • Financial Crime Rating: 36/100 (“High” risk)
  • Response Rating: 11/100 (“Very Low” response)

Governance and Corruption

Transparency International Corruption Perceptions Index (CPI)

  • N/A

Global Slavery Index (GSI)

  • High risk of modern slavery

Basel AML Index

  • 7.4/10 (2019)

OC Index Ratings

  • Money laundering: 1.5/10
  • Terrorism financing: 3.5/10
  • Arms trafficking: 4/10

Financial Crime and Sanctions

FATF/EU Lists

  • Not included

US Department of State INCSR Vol I & II

  • No

US DoS - Wildlife Trafficking Focus/Countries of Concern

  • Not Included

Asset confiscations over 1% of proceeds

  • No

Migration and Smuggling

IOM Migration E-Emigration/I-Immigration

  • I-227,600/E-125,700

IUU Fishing Index

  • 2.25/5

People smuggling

  • 2/10

Interpol Member

  • Yes

Environmental and Wildlife Crimes

OC Index Ratings

  • Illegal timber: 9/10
  • Illegal wildlife: 4/10
  • Environmental Performance Index: 60.40/100 (71/180)

US DoS - Wildlife Trafficking Focus/Countries of Concern

  • Not Included

Tax and Transparency

Tax Justice Network Financial Secrecy Index

  • Not Included

EU List of Non-Cooperative Jurisdictions for Tax purposes

  • No

OECD-Global Forum on Transparency & Exchange Info for Tax Purposes

  • Not Included

Financial Information Sharing and Cooperation

FATF Standards 40 Recommendations Expected March 2022

  • OC Index International Co-operation rating: 2/10

FATF Standards 11 IOs on Effectiveness Expected March 2022

  • OC Index Economic Regulatory Environment rating: 1.5/10

Conclusion

Equatorial Guinea faces moderate to high risks related to financial crime, governance, and corruption, but its response mechanisms are weak. The country has no embargoes or comprehensive sanctions from the UN, US, EU, or UK.