- October 27, 2020
- Posted by: Blue Azurite
- Category: Mauritius
Mauritius has set in motion an action plan for it to be removed from the EU blacklist within the briefest possible delay. The regulatory framework of the jurisdiction is being reinforced to ensure that all recommendations of the Financial Action Task Force (FATF) to combat money laundering are strictly adhered to.
A Financial Offences Court is being set up amongst other measures included in the action plan. Mauritius is known for its high legal and ethical standards and is determined to restore its reputation as a jurisdiction.