The Mauritian government has taken significant steps to strengthen its anti-money laundering and counter-terrorism financing efforts. On October 2, 2026, the Council of Ministers met in ordinary session and acknowledged the conclusions of two major strategic evaluations. These initiatives are part of the authorities' sustained efforts to consolidate the resilience of the financial and associative sectors against the risks of money laundering and terrorism financing.
The Council of Ministers approved the National Action Plan, developed following the second evaluation of terrorism financing risks in the non-profit sector. The plan, endorsed by the National Committee and the Central AML/CFT Group, covers the period from February 2026 to June 2029. It aims to enhance coordination between regulators and competent authorities, improve risk understanding, and adapt the legislative and regulatory framework.
The National Action Plan focuses on preventing unintended consequences, promoting transparency, internal control, continuous awareness, and risk-based supervision. Several measures have already been implemented by stakeholders to protect non-profit organizations from terrorist exploitation. The plan is a crucial component of Mauritius' efforts to address the risks associated with money laundering and terrorism financing.
In addition to the National Action Plan, the Council of Ministers reviewed the results of an evaluation of money laundering and terrorism financing risks related to legal persons and constructions in Mauritius. The publication of the consolidated report's public version marks a significant step towards financial transparency in the jurisdiction.
The evaluation aimed to map different legal entities, assess global threats and vulnerabilities, and measure the specific risk level of each structure to prevent its use for criminal purposes. This exercise is essential in identifying areas that require improvement and implementing effective measures to mitigate risks.
The Mauritian government's efforts to strengthen its anti-money laundering and counter-terrorism financing framework demonstrate its commitment to maintaining a secure and transparent financial system. The implementation of the National Action Plan and the publication of the risk evaluation report are critical steps towards achieving this goal.
The authorities' sustained efforts to address money laundering and terrorism financing risks are crucial in protecting the country's financial sector and preventing the misuse of its financial system for illicit activities. The government's proactive approach is essential in maintaining international confidence and cooperation in the fight against financial crimes.
Key points
- The Mauritian government has approved a National Action Plan to strengthen its anti-money laundering and counter-terrorism financing efforts.
- The plan aims to enhance coordination, improve risk understanding, and adapt the legislative and regulatory framework.
- The government has also published a report on the evaluation of money laundering and terrorism financing risks related to legal persons and constructions in Mauritius.
