The announcement by the FATF on 21 October 2021 of the removal of Mauritius from its grey list restores the reputation of Mauritius as a jurisdiction intent on ensuring the highest standards of compliance with international anti-money laundering norms and instilling renewed confidence in the investor community in the international financial centre.

In this article, we shed light on the events leading to increased monitoring from the international community, rationalise the situation Mauritius found itself in, and focus on the way forward.