Progress bar
Insight

Mauritius achieves full compliance to the 40 FATF recommendations

Insight 6 September 2022

Mauritius achieves full compliance to the 40 FATF recommendations

At the 22nd Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG) Council of Ministers meeting held on 2 September 2022, Mauritius was successfully upgraded on the Financial Action Task Force (FATF) Recommendation 15 (new technologies) to ‘Largely Compliant’. This was the only outstanding recommendation where Mauritius still had a rating of ‘Partially Compliant’.

With this technical compliance upgrade, Mauritius is now “Compliant” or “Largely Compliant” with all the 40 FATF Recommendations.

This key milestone achieved by the Mauritius International Financial Centre is a recognition of the intense collaborative efforts by the public and private sector to overhaul our AML/CFT framework to global standards.

Read the full communique from the Ministry of Financial Services and Good Governance.

If you would like more information, reach out to Varounen directly.

Let's talk

Mauritius
Background image
Varounen Goinden Director, Head of Business Development, Mauritius & India - Mauritius
Card link - Go to a specific page
Swiper Scrollbar

This highlight is for information purposes only. While every care has been taken to make it as comprehensible as possible, it may have omitted information that is useful to a particular reader. You are urged to seek professional advice as may be required and not rely on this highlight as advice or opinion.

Related Articles

Image
News 15 October 2019
Mauritius compliant with EU Tax Good Governance Principles
Card link - Go to a specific page
Image
Insight 1 October 2021
Highlights on the Mauritius Financial Services (Crowdfunding) Rules 2021
Card link - Go to a specific page
Image
Insight 19 April 2022
Highlights of the Mauritius Variable Capital Companies Act 2022
Card link - Go to a specific page