In line with its commitment to improving the legal and regulatory framework in the fight against money laundering and terrorist financing, last year and earlier this year, Mauritius made a statement by being removed from the Financial Action Task Force’s grey list (FATF), EU’s blacklist and UK’s list of High-Risk countries. As a testament to Mauritius’ dedication towards the continued improvement of its legal and regulatory framework, the jurisdiction is now classified as “compliant” or “largely compliant” with all 40 FATF recommendations.

Click HERE to read more about the strengthened position of Mauritius vis a vis the FATF recommendations in the latest Axis Newsbite written by Ameer Caunhye- Associate Director – Compliance and Risk.