Back From Black: Mauritius Poised To Exit Financial Action Task Force (FATF) List

This is the third in a series of posts around the ‘blacklisting' of Mauritius by the European Union (EU) in 2020 and the steps that the jurisdiction is taking to ensure its removal from the list at the earliest opportunity. We are tracking the progress made by the Mauritian government in reversing this decision and any related developments.

A Financial Action Task Force (FATF) Africa/Middle East Joint Group (AME JG) delegation conducted an on-site assessment of Mauritius's AML-CFT Framework from 13 to 15 September 2021. It met with the relevant representatives of ministries and authorities and visited the premises of a number of institutions.

Mauritius was placed on the FATF's ‘grey list' of jurisdictions subject to increased monitoring in February 2020 as a result of strategic deficiencies identified by the FATF in its AML/CFT system. As a consequence, it was also included (along with 11 other countries) on the EU's revised list of high-risk countries that have