Consultations during the month of February

The MBA has participated in several consultations in February, as part of our Advocacy efforts:

The “Guide for the issue of Sustainable bonds in Mauritius” released by the Bank of Mauritius (BoM) has benefited from inputs from the MBA, and the technical support of Standard Chartered Mauritius. This Guide sends a strong signal to the international community that Mauritius now has a sustainable finance framework, for both local and international operators.

The MBA also participated in a BoM consultation exercise regarding the Guideline on Outsourcing by Financial Institutions. 

For the past year, the MBA Legal Sub-Committee has also been participating in a two-year technical assistance project, under the guidance of consultants from the World Bank, on Secured Transactions Reform. This project aims to update both the legal framework and the IT platform for such transactions and improve the ease of doing business in Mauritius.
The MBA is also in the process of preparing its Budget Memorandum ahead of the forthcoming National Budget 2021-2022. In that connection, member banks are invited to submit their proposals through the MBA by 15 March 2021.
MBA member banks responded to consultations on a Scorecard prepared by the National Committee on Corporate Governance (NCCG). ‘