Following its June 2021 plenary meeting held this week, the FAFT
has confirmed today, Friday 25 June 2021, that Mauritius has
substantially completed its action plan at technical level and that
FAFT will conduct an onsite inspection in Mauritius, to take stock
of its implemented measures outlined in its last progress report
submitted in April 2021 and to validate the progress made. This is
a welcoming and very positive news for Mauritius which will
hopefully pave the way for Mauritius to be officially considered
for removal from the FAFT Grey List. The onsite inspection is
generally the last and decisive stage in the process to be removed
and generally means that the FATF is satisfied, based on the
evidence provided by the country, that it has addressed all the
strategic deficiencies in its regimes to counter money laundering,
terrorist financing, and proliferation financing. Subject to the
satisfactory conclusion of the onsite inspection, Mauritius may
expect to be
