Mauritius removed from UK list of High-Risk countries

The United Kingdom has removed Mauritius from its list of high-risk countries under the UK Money Laundering and Terrorist Financing (Amendment) (No. 3) (high-risk countries) Regulations 2021.

The development follows the exit, in October 2021, of Mauritius from the FATF list of jurisdictions under increased monitoring.

Announcing the news, the Bank of Mauritius said the exit also underlines the country’s sustained efforts in the fight against money laundering, terrorist financing and proliferation financing.

“The decision of the British authorities further enhances confidence and trust in the financial services sector and in Mauritius as an international financial centre,” the BoM said.