On 7 January 2022, new EU Regulation 2021/4335 was published removing Mauritius from the EU list of high-risk third countries.
Recap
The EU list of high-risk third countries is a prevention initiative that identifies third-country jurisdictions which have strategic deficiencies in their Anti-Money Laundering/Counter-Terrorist Financing (AML/CFT) regimes.
Mauritius Listing
In October 2020, Mauritius was added.
Mauritius Delisting
In the newly published regulation 2021/4335, the European Union Commission recognizes that Mauritius along with the Bahamas, Botswana, Ghana, Iraq no longer have strategic deficiencies in their AML/CFT regime and have strengthened the effectiveness of their AML/CFT policies.
These measures are sufficiently comprehensive and meet the necessary requirements for the removal of these countries from the EU list of high-risk third countries.
Countries Delisted in January 2022
- The Bahamas
- Botswana
- Ghana
- Iraq
- Mauritius
New Countries Added to the list
- Burkina Faso
- Cayman Islands
- Haiti
- Jordan
- Mali
- Morocco
- Philippines
- Senegal
- South Sudan
Applicability
The delisting will take effect on the twentieth day following that of its publication in the Official Journal of the European Union, that is by February 2022.
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