Removal of Mauritius from European Union List of “High-Risk Third Countries”…

The European Commission’s Delegated Regulation, published in the Official
Journal of the European Union on 21 February 2021, provides for the removal of Mauritius
from the EU List of High-Risk Third Countries. The Regulation, which comes into force 20
days following its publication, amends the European Union list of countries having
strategic deficiencies in their Anti-Money Laundering and Counter Terrorism Financing
(AML/CFT) regimes.
The European Commission has, therefore, concluded that Mauritius has
strengthened the effectiveness of its AML/CFT framework and no longer presents
strategic deficiencies as had initially been identified by the Financial Action Task Force
(FATF) in February 2020.
The removal of Mauritius from the EU list follows the delisting of Mauritius from the
FATF List of Jurisdictions under Increased Monitoring on 21 October 2021. Mauritius is
also no longer on the United Kingdom List of High-Risk Third Countries since 2 November

  1. This illustrates the unreserved acceptance and recognition, by the global
    community, of the highest political commitment and the perseverance of the Mauritian
    authorities, and the private sector, in the national interest, to effectively implement the
    required reforms.
    The delisting of Mauritius also demonstrates the ability of the authorities to combat
    money laundering and terrorism financing, and to sustain the implementation of the
    AML/CFT reforms. On this front, the Core Group for AML/CFT and the National Committee
    for AML/CFT are working closely with relevant authorities, and the private sector, on a
    new, post-FATF exit, strategy to enhance the AML/CFT framework and the financial
    services sector.
Posted by on Feb 23 2022. Filed under Actualités, Economie. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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