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Mauritius officially off the EU list of high-risk third countries

News 12 January 2022

Mauritius officially off the EU list of high-risk third countries

The EU has confirmed that Mauritius will be removed from the list of high-risk third countries at the end of February 2022.

The European Commission has published a delegated regulation on 7 January 2022, where it was confirmed that Mauritius has been removed from the list of high-risk third countries (commonly known as the “EU blacklist”) as at the end of February 2022.

On the basis of the recent removal of Mauritius from the FATF grey list achieved through firm commitment and prompt implementation of the FATF action plan, the Commission has concluded that Mauritius do not have strategic deficiencies anymore in its AML/CFT regime.

This confirmation by the European Commission further validates a series of bold and in-depth measures adopted by the jurisdiction to enhance its regulatory regimes to global standards, and will undoubtedly help in boosting investor confidence in using the Mauritius International Financial Centre as a trusted platform for global transactions.

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