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Fight against financial crimes: Mauritius more than ever committed

21/02/2022
Categories: Sectors

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After its release from the FATF gray list, Mauritius continues to multiply actions to free itself from the constraints associated with the presence of the jurisdiction on the blacklists of both Great Britain and the European Union.

It is time to restore the jurisdiction to the list of jurisdictions where the rules on good governance are scrupulously respected. The past week, two initiatives have confirmed the predisposition of those responsible for the jurisdiction to turn their backs definitively on practices that are not very recommendable in the eyes of the community involved in the financial service. Firstly, there is the official launch by the National Committee on Corporate Governance (NCCG) of the dashboard that it designed with a view to ensuring the production of an inventory of the operating mode of companies in terms of compliance with rules of good governance. Rules that emanate from the National Code of Corporate Governance for Mauritius, launched in 2016. An initiative of the NCCG which has benefited from the support of the Mauritius Institute of Directors (MIoD), established in accordance with the provisions of the National Committee on Corporate Governance and which has one of its priorities is the adherence of its members to the rules of good governance.

The other initiative aimed at demonstrating that the Mauritian jurisdiction has the means to align itself with the requirements of the standards of the international community in the fight against financial crimes, is the design of a training course. The initiative comes from the Open University of Mauritius and the Financial Services Institute (FSI). The first specializes in the distance training of professionals in many fields. As for the FSI, its mission is to provide high-level training for professionals in the Mauritian financial services sector.

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