Outcomes of Virtual FATF Plenary

A Financial Action Task Force (FATF) Plenary meeting was held from 22 to 25 February in Paris. In the course of this meeting, the list of jurisdictions under increased monitoring was revised, and the progress made by various jurisdictions was reviewed. While Mauritius has been maintained on the list, the FATF noted a number of achievements in the fields of outreach and training. Further work on the 5 action points of the agreed action plan is required in order to address strategic deficiencies. Four new countries, including Morocco, have now been included on the FATF list.