Mauritius' plans to exit FATF grey list hits coronavirus roadblock

The country was put on the list of jurisdictions that require increased monitoring in February

Mauritius’ plan to wriggle out of the Financial Action Task Force’s (FATF’s) grey list — by the end of this year — could be hit by Covid-19.

The country was, in Feb­ruary, put on the list of jurisdictions that require increased monitoring. This list is often referred to as the “grey list”.

Jurisdictions under increased monitoring actively work with the FATF to address strategic deficiencies in their regimes. These are done to counter money-laundering, terrorist financing, and proliferation financing in a more efficient manner.

While Mauritius