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Updated Understanding of Fiji's Risk of Money Laundering, Terrorist Financing and Proliferation Financing

Fiji's second comprehensive National Risk Assessment was conducted in 2025 and the final report was endorsed by the National AML Council in October 2025.

The NRA identified and assessed Fiji’s risk for money laundering, terrorist financing and proliferation financing using quantitative and qualitative data from various sources and reached the following conclusions on Fiji’s risk: 
  • Money Laundering Risk is High;
  • Terrorist Financing Risk is Low; and
  • Proliferation Financing Risk is Low.
Refer to the report here: Fiji's 2025 National Risk Assessment.pdf

Financial Institutions under the FTR Act

Entities and businesses that are required to comply with the requirements of the FTR Act include:

  1. financial institutions such as, commercial banks, insurance companies and intermediaries, finance companies, money remitters, money changers, investment advisors, brokers and dealers, unit trust or managed funds, mobile phone money remitters ; and
  2. other DNFBPs, such as, accounting firms, legal practitioners, real estate agents or businesses.

All entities and businesses that are covered by the FTR Act are referred to as “financial institutions” under the law.

 
Emerging and  Continuing Trend 

Emerging trends and threats in money laundering and other serious offence in Fiji.
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Targeted Financial Sanctions 
The United Nations Security Council (UNSC) imposes financial sanctions on persons and entities who have been identified by the UNSC (or relevant UN Committees) as contributing to a particular threat to, or breach of, international peace and security.

These measures are referred to as targeted financial sanctions as they are financial sanctions aimed at designated persons or entities as opposed to a country.
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