Recently which of the following African country has been listed in FATF’s Grey list?

  • A. Mauritius
  • B. Kenya
  • C. Zimbabwe
  • D. Ethiopia

Correct Answer: A. Mauritius

FATF, the inter-governmental body that sets anti-money laundering standards, has put Mauritius on the grey list. Mauritius has been a tax haven for foreign investors for the past three decades to bet on Indian stocks. The country will work actively with the FATF to address strategic deficiencies in the regime to counter money laundering, terrorist financing, and proliferation financing.

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