We are delighted to share that the European Commission announced that Mauritius has been removed from the High-Risk Third Countries list of the European Union.
The Commission’s analysis concluded that Mauritius does not have strategic deficiencies in its AML/CFT regime and has successfully addressed strategic deficiencies that the FATF identified and the additional benchmarks or preliminary concerns set by the Commission.
This announcement follows the Financial Action Task Force (FATF) removal of Mauritius from its grey list of countries under increased monitoring on 21 October 2021.
This development consolidates the position of Mauritius as an International Financial Centre of substance and repute with robust AML/CFT regime.
Official report from the European Commission
Click here to read the European Commission Delegated Regulation (EU) of 7.1.2022
To find out how we can support your structuring, establishment and administration needs from Mauritius, please do not hesitate to contact us.