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Spotlight | Mauritius
Stung by EU money laundering slight, Mauritius avoids European public funds exodus for now

The Mauritius government was quick to strike up talks with European national development agencies, who are major clients of its offshore finance services, following the EU's decision to add the country to its blacklist on money laundering. [...]

Published on 30/06/2020 at 06:00 GMT Reading time 2 minutes

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Finance, Politics

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AfricInvest
AfricInvest Fund IV
Economic Board of Development
European Development Finance Institutions
European Investment Bank
European Investment Fund
European Union
FMO
Norfund
Proparco

Africa
Cayman Islands can cash in on EU's fallout with Mauritius

The Caymans were removed from the EU's list of non-cooperative tax jurisdictions in early October and the Carribean archipelago, popular with US and South African funds for investments on the continent, can gain from the poor standing of its rival Mauritius in the UE.

Free access Finance, Business 12.11.2020

Spotlight | Africa, United Kingdom
As Brexit looms, Jersey promotes offshore financial centre

Though already a favourite among wealthy Africans and investors on the African continent, Jersey wants to further its image as a robust offshore financial centre. The Channel island offers a strategic stepping stone for London with Brexit just around the door.

Subscribers only Finance, Business 06.10.2020

Mauritius, United States
EU's name and shame fails to ward off US giants

Although the European Union has placed Mauritius under increased monitoring over its counter money laundering measures, US finance behemoths, the likes of Bain and Blackstone are showing no signs of wanting to relocate their offshore offices based on the island.

Subscribers only Finance, Business 29.09.2020

Mauritius
The well-heeled sponsors of Mauritius' fallen Islamic bank

Closed following a probe by the Mauritian authorities, the country's leading Islamic bank had board members as far flung as Malaysia, the Gulf and the United Kingdom.

Free access Finance, Business 08.09.2020

Mauritius
Wirecard scandal: German online payment giant's Mauritian helpers

As investigations in Germany mount over the online payment giant Wirecard's high-profile bankruptcy, the Mauritian authorities are being dragged into the scandal. The German group used an accounting trick to inflate its revenues by €290m in a single week via structures registered on the island.

Subscribers only Finance, Business 30.07.2020

The deal that inflated wiredcard's earnings.

Luxembourg, Mauritius
Luxembourg wants to make the most of EU's red flag for Mauritius

Now that the European Union has decided to blacklist Mauritius over money laundering and terrorist financing concerns, Luxembourg sees an opportunity to attract financial flows destined for Africa.

Subscribers only Finance, Business 07.07.2020

European Union, Mauritius
Mauritius turns to heavyweight law firm to handle EU allegations

The government of Mauritius has hired the French law firm Bredin Prat to fight its blacklisting by the European Union.

Subscribers only Finance, Business 26.06.2020

Mauritius
Private investors shun Mauritius after EU money-laundering red flag

The European Union's shock move to blacklist Mauritius for money-laundering and terrorist financing has sent investors scurrying for other markets, spreading alarm across the island's financial sector. But if private funds are running scared, European public agencies, major clients of the offshore centre, seem less distressed by the Commission's judgment.

Subscribers only Finance, Business 16.06.2020

Mauritius
Port-Louis enlists lobbying firm Avisa to polish its image in Europe

Less than four months after making its legislation compliant with the OECD's tax avoidance convention, Mauritius is ready to flaunt its certified virtuosity with the help of public affairs firm Avisa.

Subscribers only Finance, Politics 29.05.2020

Mauritius
OECD tax avoidance convention will barely affect offshore finance

The international instrument, designed to limit base erosion and profit shifting, will come into force in Mauritius on February 1. Negotiated by the government and accommodating the interests of offshore finance, it will allow the island nation to leave official tax haven list.

Subscribers only Finance, Politics 29.01.2020

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AfricInvest Fund IV
Economic Board of Development
European Development Finance Institutions
European Investment Bank
European Investment Fund
European Union
FMO
Norfund
Proparco

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Spotlight | Mauritius
Stung by EU money laundering slight, Mauritius avoids European public funds exodus for now

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Set up email notifications for these topics

Africa
Cayman Islands can cash in on EU's fallout with Mauritius

Spotlight | Africa, United Kingdom
As Brexit looms, Jersey promotes offshore financial centre

Mauritius, United States
EU's name and shame fails to ward off US giants

Mauritius
The well-heeled sponsors of Mauritius' fallen Islamic bank

Mauritius
Wirecard scandal: German online payment giant's Mauritian helpers

Luxembourg, Mauritius
Luxembourg wants to make the most of EU's red flag for Mauritius

European Union, Mauritius
Mauritius turns to heavyweight law firm to handle EU allegations

Mauritius
Private investors shun Mauritius after EU money-laundering red flag

Mauritius
Port-Louis enlists lobbying firm Avisa to polish its image in Europe

Mauritius
OECD tax avoidance convention will barely affect offshore finance

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Indigo Publications' websites

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Indigo Publications' websites

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Spotlight | Mauritius Stung by EU money laundering slight, Mauritius avoids European public funds exodus for now

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Set up email notifications for these topics

Africa Cayman Islands can cash in on EU's fallout with Mauritius

Spotlight | Africa, United Kingdom As Brexit looms, Jersey promotes offshore financial centre

Mauritius, United States EU's name and shame fails to ward off US giants

Mauritius The well-heeled sponsors of Mauritius' fallen Islamic bank

Mauritius Wirecard scandal: German online payment giant's Mauritian helpers

Luxembourg, Mauritius Luxembourg wants to make the most of EU's red flag for Mauritius

European Union, Mauritius Mauritius turns to heavyweight law firm to handle EU allegations

Mauritius Private investors shun Mauritius after EU money-laundering red flag

Mauritius Port-Louis enlists lobbying firm Avisa to polish its image in Europe

Mauritius OECD tax avoidance convention will barely affect offshore finance

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Senegal
Guns and oil drive Russia's Dakar courtship

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Spotlight | Mauritius
Stung by EU money laundering slight, Mauritius avoids European public funds exodus for now

Africa
Cayman Islands can cash in on EU's fallout with Mauritius

Spotlight | Africa, United Kingdom
As Brexit looms, Jersey promotes offshore financial centre

Mauritius, United States
EU's name and shame fails to ward off US giants

Mauritius
The well-heeled sponsors of Mauritius' fallen Islamic bank

Mauritius
Wirecard scandal: German online payment giant's Mauritian helpers

Luxembourg, Mauritius
Luxembourg wants to make the most of EU's red flag for Mauritius

European Union, Mauritius
Mauritius turns to heavyweight law firm to handle EU allegations

Mauritius
Private investors shun Mauritius after EU money-laundering red flag

Mauritius
Port-Louis enlists lobbying firm Avisa to polish its image in Europe

Mauritius
OECD tax avoidance convention will barely affect offshore finance