Friday 22 October 2021 : The Financial Action Task Force (FATF) has, at its October 2021 Plenary session, approved the exit of Mauritius from the list of jurisdictions under increased monitoring.
The Mauritius Bankers Association Limited (MBA) welcomes this announcement, which affirms the status of Mauritius as a compliant jurisdiction.
Since the inclusion of Mauritius on the FATF’s list of jurisdictions under increased monitoring in February 2020, the MBA has worked with the national Anti-Money Laundering (AML) Committee, Government officials, Regulators and other stakeholders, to support the speedy completion of the national plan of action, executed by the Mauritian delegation, led by the Governor of the Bank of Mauritius.
The MBA and its members are committed to continuing to uphold the highest standards of compliance to international AML legislation and best practices.
