The Financial Intelligence Unit (FIU) of Mauritius recently participated in a workshop on Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF), 7 to 11 October 2024 at the Integrated Customs Clearance Centre in Plaine Magnien. This initiative aimed to bolster the capabilities of FIUs and World Customs Organization (WCO) member states in the Eastern and Southern African region

From September 9 to 13 September 2024, FIU Mauritius was part of the U.S. Department of Justice’s Drug Enforcement Administration (DEA) workshop which was conducted on Conspiracy and Complex Investigations in Seychelles.

A delegation from the Ivory Coast paid a study visit to FIU Mauritius on the 17th of September 2024 for a full day workshop on the sharing of expertise, support and to Learn about the strategy adopted by Mauritius during the post observation period of the mutual evaluation to improve its compliance with FATF standards.

The Federal Bureau of Investigation (FBI) and the US Embassy, in collaboration with the Mauritius Revenue Authority (MRA), launched a workshop entitled “Investigating and
Prosecuting Complex Financial Crimes” on September 23, 2024, at the Custom House in Mer Rouge, Port-Louis.

In July 2024, the Financial Action Task Force (FATF) published the report on ‘Targeted Update on Implementation of the FATF Standards on Virtual Assets and Virtual Assets Service Providers’. The report provides the fifth update on jurisdictions’ compliance with FATF’s Recommendation 15 and its Interpretative Note (R.15/INR.15)

In July 2024, the Financial Action Task Force (FATF) developed a report on ‘Horizontal Review of Gatekeepers’ Technical Compliance Related to Corruption’ following the FATF’s Report on the State of Effectiveness and Compliance with the FATF Standards1, published in April 2022, which reported that gatekeepers like lawyers, accountants, trust and company service providers, and real estate agents in overall have a poorer understanding of their risks than financial institutions and regularly fail to mitigate them, making them vulnerable to exploitation

The second Egmont Group report on the rise of extreme right wing (XRW) terrorist groups and associated terrorism financing addresses a number of limitations and challenges that the first report in 2022 identified. The report explores measures to enhance understanding and detection of XRWTF, as well as the scope to move beyond bilateral exchange to engage multilaterally where possible on XRW threats. Both elements are examined mainly through an operational lens