Mauritius: Report on the Observance of Standards and Codes: FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism
IMF Staff Country Reports, December 11, 2008
Source details
- Canonical URL
- Mauritius: Report on the Observance of Standards and Codes: FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism
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Bibliographic details
- Published: December 11, 2008
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451933550.002
Overview and purpose
- Report discusses Mauritius’s Observance of Standards and Codes for the Financial Action Task Force Recommendations for Anti-Money Laundering and special recommendations on Combating the Financing of Terrorism.
- Context: Mauritius is pursuing a national strategy to diversify its economy into the provision of global financial services by taking advantage of its linkages with both African and Asian economies.
- Strategic intent: Mauritius intends to offer new products in Islamic financial services and wealth management.
Subject coverage and keywords
- Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), Crime, Legal support in revenue administration, Money laundering, Revenue administration, Terrorism financing
- Keywords: Anti-Money Laundering, Anti-money laundering and combating the financing of terrorism (AML/CFT), CFT, CFT framework, CFT measure, CFT purpose, CFT regulation, CR, East Africa, financial institution, FSC licensee, FT offense, FT typology, Global, ISCR, Legal support in revenue administration, Money laundering, Southern Africa, Terrorism financing
Key substantive points highlighted
- Mauritius’s AML/CFT assessment is presented within the framework of FATF Recommendations and special recommendations on combating financing of terrorism.
- Economic diversification objective: leveraging linkages with African and Asian economies to develop global financial services.
- Product and market development: intention to introduce Islamic financial services products and expand wealth management offerings.
International Monetary Fund. "Mauritius: Report on the Observance of Standards and Codes: FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism", IMF Staff Country Reports 2008, 318 (2008).
Content in this bundle
- Cr08318