Financial Services Minister Jyoti Jeetun Addresses Mauritius’s Global Reputation

In a recent statement, Mauritius’s Minister of Financial Services and Economic Development, Jyoti Jeetun, clarified that Mauritius should not be considered a tax haven but a low‑tax jurisdiction. She pointed out that, like many countries, the island has faced some reported cases in the past but has effectively addressed them through continuous measures. Mauritius was placed on the FATF grey list in 2020 because of money‑laundering incidents, but it was removed from the list in 2023 after meeting compliance requirements. Jeetun highlighted that 12 regulatory bodies supervise the financial sector and that the country satisfies almost all FATF standards. Looking ahead, a mutual assessment is planned for 2027 to guarantee that Mauritius does not return to the grey list. She also remarked that Mauritius maintains close ties with both India and China, reflecting its multicultural population and neutral stance toward each partner.