LAWS & REGULATIONS

LEGISLATION

Some of the legislation in force in Mauritius for the banking and financial services industry are listed below:

  • Assets Recovery Act 2011
  • Banking Act 2004
  • Bank of Mauritius Act 2004
  • Borrower Protection Act 2007
  • Companies Act 2001
  • Financial Intelligence and Anti Money Laundering Act 2002 (FIAMLA)
  • Financial Services Act 2007
  • Insurance Act 2005
  • Insolvency Act 2009

For a copy of these Acts and others, please click here

BANK OF MAURITIUS GUIDELINES

The Central Bank has issued some 30 Guidelines which can be viewed on the Bank of Mauritius website.

Some recent Guidelines issued pertain to the following:

  • Guideline on Mobile Banking and Mobile Payment Systems
  • Guideline on Control of Advertisement
  • Guideline on Country Risk Management
  • Guideline on Capital Adequacy Ratio for Non-bank deposit taking institutions
  • Guideline on outsourcing by financial institutions
  • Guidance Notes on Anti-Money Laundering and Combating the Financing of Terrorism for Financial Institutions (Updated)