资源环境科技发展态势分析平台

The Marshall Islands’ financial system is comprised of three main banks, two large money transfer operators, two insurance companies, and a pension fund. The stability of the country’s banking system faces risks on two fronts. One is the high level of household debt, which reached 60% of total employee’s compensation in 2018. The other is the possibility of the Marshall Islands losing its connections with US banks due to rising costs associated with complying to US anti-terrorism financial rules. In response to these risks, the government is undertaking measures to strengthen financial regulations and prudential guidelines and is drafting new anti-money laundering legislation.