After FATF, Mauritius exits European Union tax blacklist

The European Commission, the executive branch of the European Union (EU), has deleted Mauritius from its list of high-risk jurisdictions, also referred to as the EU blacklist.

This comes on the back of the island nation's exit from the Financial Action Task Force, or FATF's grey list, in October last year.

FATF is an intergovernmental body that aims to combat money laundering and terrorism financing.

The Commission's analysis concluded that the Bahamas, Botswana, Ghana, Iraq, and Mauritius do not have strategic deficiencies in their anti-money laundering/combating the financing of terrorism (AML/CFT) regime anymore, considering the available information. 

"The Bahamas, Botswana, Ghana, Iraq, and Mauritius