Mauritius exits EU List of High-Risk Third Countries with Deficiencies in AML/CFT Regime.
The EU Commission Delegated Regulation of 7th January 2022 stated: “The FATF welcomed significant progress made by Botswana, Ghana and Mauritius in improving its AML/CFT regime and noted that Botswana, Ghana and Mauritius have established the legal and regulatory framework to meet the commitments in their action plans regarding the strategic deficiencies that the FATF had identified. The Commission’s analysis concludes that the Bahamas, Botswana, Ghana, Iraq and Mauritius no longer have strategic deficiencies in their AML/CFT regime considering the available information. The Bahamas, Botswana, Ghana, Iraq and Mauritius have strengthened the effectiveness of their AML/CFT regime. These measures are sufficiently comprehensive and meet the necessary requirements to consider that strategic deficiencies identified under article 9 of the Directive (EU) 2015/849 have been
removed”.
Please CLICK HERE to read the original communication from the Ministry of Finance, Economic Planning and Development.
Source: MINISTRY OF FINANCE, ECONOMIC PLANNING AND DEVELOPMENT
Photo by Guillaume Périgois on Unsplash
The Economic Development Board (EDC) has recently released their latest Corporate Film about Mauritius called “Mauritius, A Thriving Business Centre in …
Mauritius tops the rankings in Africa and is placed at the 5th position worldwide with regard to Economic Freedom according to the …
What is this filing of particulars about? Section 127 of the Mauritius Companies Act 2001 (Act) deals with the filing of details …