Communiqué

Mauritius exits FATF list of jurisdictions under increased monitoring

October 22, 2021

We are pleased to inform you that at its October 2021 Plenary, the Financial Action Task Force (FATF) has decided to remove Mauritius from its list of jurisdictions under increased monitoring.

At Bank One, we are delighted by the decision taken by the Financial Action Task Force (FATF) to remove Mauritius from its list of jurisdictions under increased monitoring. The removal is an acknowledgement of the concerted efforts taken by the Government of Mauritius, the Bank of Mauritius, the Financial Services Commission and other public sector institutions together with the private sector operators to further strengthen the Anti-Money Laundering and Combating Terrorism financing systems and is welcomed by Bank One.

We will continue to work closely with our regulators to fight money laundering, terrorist financing and proliferation financing as we support the country’s journey of being the main investment platform for funds to Africa.

For more information, please refer to the media release from the Bank of Mauritius and the communiqué from the Ministry of Financial Services and Good Governance.