- September 27, 2020
- Posted by: BlueAzurite
- Category: Non classé
On 26 August 2020, the Bank of Mauritius has signed a Memorandum of Cooperation (‘Memorandum’) with local Anti-Money Laundering and Combatting the Financing of Terrorism (‘AML/CFT’) Supervisors. The Memorandum aims to facilitate policy formulation, exchange of information and operational coordination to effectively combat money laundering and the financing of terrorism and proliferation. For optimal implementation of the AML/CFT regime, an interagency Coordination Committee will be set up as per the Memorandum.
The parties to the Memorandum are the Bank of Mauritius, the Attorney General’s Office, the Financial Services Commission, the Financial Intelligence Unit, the Registrar of Companies, the Gambling Regulatory Authority, the Registration of Associations, and the Mauritius Institute of Professional Accountants.
The Memorandum is in line with the Financial Action Task Force’s standards and the imperatives of the National Strategy for Combatting Money Laundering and the Financing of Terrorism and Proliferation 2019-2022.