Economic Development Broad of Mauritius: Delisting Mauritius as a HighRiskJurisdiction

The Economic Development Board of Mauritius (EDBM), a board operating under the aegis of the Prime Minister's Office, changed perceptions around Mauritius as high risk among the Indian public through a multi-stakeholder campaign.

Campaign details

Agency: MSL IndiaBrand: Economic Development Broad of Mauritius

Situational Analysis

Mauritius was named among 25 countries in the high risk jurisdiction list by custodian banks, shared with SEBI following a regulation in April on 'Beneficial Owners' reported in the leading financials.

While this was aimed at curbing the use of these jurisdictions for fund round-tripping, Mauritius feared that this allegation could impact genuine investors and severely damage its reputation as an investment hub, thus impacting Mauritius' economy by $100bn-150bn.

We were entrusted with the task of correcting Mauritius' perception with the regulator and the banking...

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