{"id":582,"date":"2022-11-21T05:16:51","date_gmt":"2022-11-21T05:16:51","guid":{"rendered":"https:\/\/jtmediahub.com\/news\/?p=582"},"modified":"2022-11-21T05:23:55","modified_gmt":"2022-11-21T05:23:55","slug":"mauritius-exits-the-fatf-grey-list","status":"publish","type":"post","link":"https:\/\/jtmediahub.com\/news\/2022\/11\/21\/mauritius-exits-the-fatf-grey-list\/","title":{"rendered":"Mauritius exits the FATF grey list"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"582\" class=\"elementor elementor-582\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2d8a49 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2d8a49\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-16d08d43\" data-id=\"16d08d43\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-73628a0a elementor-widget elementor-widget-image\" data-id=\"73628a0a\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.10.1 - 17-01-2023 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"240\" src=\"https:\/\/jtmediahub.com\/news\/wp-content\/uploads\/sites\/2\/2022\/11\/FATF-L-1024x240.jpg\" class=\"attachment-large size-large wp-image-583\" alt=\"\" srcset=\"https:\/\/jtmediahub.com\/news\/wp-content\/uploads\/sites\/2\/2022\/11\/FATF-L-1024x240.jpg 1024w, https:\/\/jtmediahub.com\/news\/wp-content\/uploads\/sites\/2\/2022\/11\/FATF-L-300x70.jpg 300w, https:\/\/jtmediahub.com\/news\/wp-content\/uploads\/sites\/2\/2022\/11\/FATF-L-768x180.jpg 768w, https:\/\/jtmediahub.com\/news\/wp-content\/uploads\/sites\/2\/2022\/11\/FATF-L-1536x360.jpg 1536w, https:\/\/jtmediahub.com\/news\/wp-content\/uploads\/sites\/2\/2022\/11\/FATF-L.jpg 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2d0935b3 elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2d0935b3\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-386190f1\" data-id=\"386190f1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3f9b9f2d elementor-view-framed elementor-shape-square elementor-widget elementor-widget-icon\" data-id=\"3f9b9f2d\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"far fa-newspaper\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6a9d1cf4 elementor-widget elementor-widget-heading\" data-id=\"6a9d1cf4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.10.1 - 17-01-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">Mauritius exits the FATF grey list<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-23d20433 elementor-widget elementor-widget-text-editor\" data-id=\"23d20433\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.10.1 - 17-01-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>On 2 September 2022, the Ministry of Financial Services and Good Governance (\u2018MFSGG\u2019) of Mauritius released a Press Communiqu\u00e9 stating that Mauritius has been removed from the Financial Action Task Force\u2019s grey list (FATF). The island nation enunciated its intention to continue its work with the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG) to consolidate and strengthen its AML\/CFT regime.<\/p><p>The MFSGG participated in the ESAAMLG Council of Ministers meeting on the 2<sup>nd<\/sup> of September 2022 where Mauritius proposed the development of an International Corporation Review Group (ICRG) Toolkit and Methodology to support countries in the ICRG process which was approved by the ESAAMLG Council of Ministers.<\/p><p>Mauritius also participated in the 44<sup>th<\/sup> Task Force Meeting of the Senior Officials, from the 28<sup>th<\/sup> of August to 1<sup>st<\/sup> of September 2022 where Mauritius submitted the enhanced Follow-Up Report of Mauritius with a request for technical compliance re-rating of FATF recommendation 15 \u2018\u2019New Technologies\u2019\u2019 to be considered. Recommendation 15 focussed on assessing the risks related to new products, new business practices, new delivery channels and the use of new technologies for both new and existing products.<\/p><p>Following the above, the council successfully upgraded Mauritius on Recommendation 15 to &#8220;Largely Compliant&#8221; which was the only pending recommendation where Mauritius had a rating of &#8220;Partially Compliant&#8221;.<\/p><p>With this recommended upgrade by the council, Mauritius, as of now, is a jurisdiction &#8220;Compliant&#8221; or &#8220;Largely Compliant&#8221; with all the 40 FATF Recommendations.<\/p><p>For more information, we invite you to contact our Business Development Team by email at <a href=\"mailto:bd@juristax.com\">bd@juristax.com<\/a> or call them on + 230 465 55 26.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3ed8b62a elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"3ed8b62a\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.10.1 - 17-01-2023 *\/\n.elementor-widget-divider{--divider-border-style:none;--divider-border-width:1px;--divider-color:#2c2c2c;--divider-icon-size:20px;--divider-element-spacing:10px;--divider-pattern-height:24px;--divider-pattern-size:20px;--divider-pattern-url:none;--divider-pattern-repeat:repeat-x}.elementor-widget-divider .elementor-divider{display:flex}.elementor-widget-divider .elementor-divider__text{font-size:15px;line-height:1;max-width:95%}.elementor-widget-divider .elementor-divider__element{margin:0 var(--divider-element-spacing);flex-shrink:0}.elementor-widget-divider .elementor-icon{font-size:var(--divider-icon-size)}.elementor-widget-divider .elementor-divider-separator{display:flex;margin:0;direction:ltr}.elementor-widget-divider--view-line_icon .elementor-divider-separator,.elementor-widget-divider--view-line_text .elementor-divider-separator{align-items:center}.elementor-widget-divider--view-line_icon .elementor-divider-separator:after,.elementor-widget-divider--view-line_icon .elementor-divider-separator:before,.elementor-widget-divider--view-line_text .elementor-divider-separator:after,.elementor-widget-divider--view-line_text .elementor-divider-separator:before{display:block;content:\"\";border-bottom:0;flex-grow:1;border-top:var(--divider-border-width) var(--divider-border-style) var(--divider-color)}.elementor-widget-divider--element-align-left .elementor-divider .elementor-divider-separator>.elementor-divider__svg:first-of-type{flex-grow:0;flex-shrink:100}.elementor-widget-divider--element-align-left .elementor-divider-separator:before{content:none}.elementor-widget-divider--element-align-left .elementor-divider__element{margin-left:0}.elementor-widget-divider--element-align-right .elementor-divider .elementor-divider-separator>.elementor-divider__svg:last-of-type{flex-grow:0;flex-shrink:100}.elementor-widget-divider--element-align-right .elementor-divider-separator:after{content:none}.elementor-widget-divider--element-align-right .elementor-divider__element{margin-right:0}.elementor-widget-divider:not(.elementor-widget-divider--view-line_text):not(.elementor-widget-divider--view-line_icon) .elementor-divider-separator{border-top:var(--divider-border-width) var(--divider-border-style) var(--divider-color)}.elementor-widget-divider--separator-type-pattern{--divider-border-style:none}.elementor-widget-divider--separator-type-pattern.elementor-widget-divider--view-line .elementor-divider-separator,.elementor-widget-divider--separator-type-pattern:not(.elementor-widget-divider--view-line) .elementor-divider-separator:after,.elementor-widget-divider--separator-type-pattern:not(.elementor-widget-divider--view-line) .elementor-divider-separator:before,.elementor-widget-divider--separator-type-pattern:not([class*=elementor-widget-divider--view]) .elementor-divider-separator{width:100%;min-height:var(--divider-pattern-height);-webkit-mask-size:var(--divider-pattern-size) 100%;mask-size:var(--divider-pattern-size) 100%;-webkit-mask-repeat:var(--divider-pattern-repeat);mask-repeat:var(--divider-pattern-repeat);background-color:var(--divider-color);-webkit-mask-image:var(--divider-pattern-url);mask-image:var(--divider-pattern-url)}.elementor-widget-divider--no-spacing{--divider-pattern-size:auto}.elementor-widget-divider--bg-round{--divider-pattern-repeat:round}.rtl .elementor-widget-divider .elementor-divider__text{direction:rtl}.e-con-inner>.elementor-widget-divider,.e-con>.elementor-widget-divider{width:var(--container-widget-width);--flex-grow:var(--container-widget-flex-grow)}<\/style>\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Mauritius exits the FATF grey list On 2 September 2022, the Ministry of Financial Services and Good Governance (\u2018MFSGG\u2019) of Mauritius released a Press Communiqu\u00e9 stating that Mauritius has been removed from the Financial Action Task Force\u2019s grey list (FATF). The island nation enunciated its intention to continue its work with the Eastern and Southern &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/jtmediahub.com\/news\/2022\/11\/21\/mauritius-exits-the-fatf-grey-list\/\"> <span class=\"screen-reader-text\">Mauritius exits the FATF grey list<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":587,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-582","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/posts\/582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/comments?post=582"}],"version-history":[{"count":4,"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/posts\/582\/revisions"}],"predecessor-version":[{"id":588,"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/posts\/582\/revisions\/588"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/media\/587"}],"wp:attachment":[{"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/media?parent=582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/categories?post=582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/tags?post=582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}