The European Commission via its Commission Delegated Regulation of 07/01/2022, amending Delegated Regulation (EU) 2016/1675, has deleted the Mauritius from the EU list of high-risk countries. Along with Mauritius, the Bahamas, Botswana, Ghana and Iraq were also removed.
For all the above-mentioned countries, it was concluded that, the strategic deficiencies in their AML/CFT regimes have been rectified, they have strengthened the effectiveness of their AML/CFT regimes and addressed related technical deficiencies to meet the commitments in their action plan regarding the strategic deficiencies that the FATF identified and the additional benchmarks or preliminary concerns set by the EU Commission.
These developments are of paramount importance for Mauritius which can now be considered as a jurisdiction with an enhanced AML/CFT system equivalent to European and international AML standards.
You can contact us now to find out why Mauritius is considered a great choice for establishing your business!