On 16 July 2021, the Bill was made public by the Minister of Finance, Economic Planning and Development. On 20 July 2021, the Bill was introduced at the National Assembly. The object of this Bill is to provide for the implementation of measures announced in the Budget Speech 2021-2022 and for matters connected, consequential and incidental thereto. The Bill will bring amendments to several existing legislations, including those regulating the Financial Services industry, that is, the Bank of Mauritius Act, the Banking Act, the FIAMLA, the Ombudsperson for Financial Services Act, the UN Sanctions Act; amongst others.
