Advocacy efforts

New lockdown: Continuity of service

After 9 months, Mauritius went back into lockdown on 10 March 2021. Banks, as an essential service, remained open (as per MBA Protocol for banks), and ensured continuity of service to the public and corporates. Some of the measures implemented by banks during the confinement include the suspension of ATM…
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International collaboration

Collaboration with international partners is an essential part of the MBA’s mission to nurture an innovative banking sector. This month, the CEO of the MBA held meetings with the British High Commissioner to Mauritius, and the Ambassador of the European Union in Mauritius, to discuss issues relating to the fight…
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Outcomes of Virtual FATF Plenary

A Financial Action Task Force (FATF) Plenary meeting was held from 22 to 25 February in Paris. In the course of this meeting, the list of jurisdictions under increased monitoring was revised, and the progress made by various jurisdictions was reviewed. While Mauritius has been maintained on the list, the…
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Covid-19

The MBA is actively working with the Bank of Mauritius and other stakeholders to ensure that banks are able to support economic operators through the Covid-19 crisis. We welcome the Bank of Mauritius decision, on 5 January, to extend the BOM Support Programme until June 2021, and to re-issue the…
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