At any rate, the attractiveness of the Mauritian financial sector lies in the fiscal and other advantages it has to offer, and not in any banking secrecy laws. Nonetheless, Mauritius cannot blindly rush into adopting a FATCA Partnership Agreement with the US. There is a host of questions that first need to be addressed.
The use of the euro by private agents both as an investment and financing currency and as a payment and vehicle currency has been largely supported by ever more integrated, liquid and diversified euro financial markets. Moreover, the euro has benefited from cross-border trade, investment flows and the overall economic stability of the euro area.