The Government of Mauritius is embarked on a 2-year project with the World Bank to review the national framework on Secured Transactions for greater efficiency. Secured transactions are at the heart of the business of banks, and the MBA is actively and constructively working with the World Bank consultants, EDB and other stakeholders on this project. On 16 September 2021, the MBA participated in a virtual meeting, where the consultants presented an overview of the recommendations they are proposing to make. The MBA is currently assessing the impact of the proposed reforms and will be responding in the coming weeks.
