FATF commends Mauritius for progress on action plan despite pandemic

Mauritius has provided clarifications to the queries posed by the assessors of the Financial Action Task Force (FATF), an inter-governmental body which sets anti-money laundering standards.

The assessors commended the island nation for the sustained progress made in implementing the FATF action plan despite the pandemic. This has raised hopes that the country will be able to come out of the grey list some time this year, said experts.

The observations were made during a virtual meeting held last month between Mauritius and the FATF African Middle East Joint Group.

The next FATF plenary session will be held this month