Mauritius: Removal from EU list of “high-risk third countries”

Mauritius has been removed from the European Union list of “high-risk third countries

Mauritius has been removed from the European Union list of “high-risk third countries

The European Commission confirmed on 7 January 2022 that Mauritius has been removed from the European Union (EU) list of “high-risk third countries,” following measures taken by Mauritius to improve its anti-money laundering (AML) / combating the financing of terrorism (CFT) regime.

Mauritius was previously removed from the Financial Action Task Force (FATF) list of jurisdictions under increased monitoring in October 2021. Read TaxNewsFlash

Mauritius is on the OECD “white list” (and no longer deemed an uncooperative tax jurisdiction) following changes made by Mauritius to its tax regime in 2018.

Read a January 2022 report [PDF 145 KB] prepared by the KPMG member firm in Mauritius 

 

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.