Mauritius: Financial Services - Minister Sesunkgur Sheds Light On Mutual Evaluation Report

Jul 31, 2018 | Government of Mauritius: All Africa

Government is taking a series of measures and actions to reform our financial services sector. The blueprint contains a number of policies and proposals which will further develop this sector and certainly take it to new heights in the coming years.

Government is taking a series of measures and actions to reform our financial services sector. The blueprint contains a number of policies and proposals which will further develop this sector and certainly take it to new heights in the coming years.

The Minister of Financial Services and Good Governance, Mr D. Sesungkur, made this statement yesterday at the National Assembly in relation to the Mutual Evaluation Exercise which is currently being undertaken by the Eastern and Southern Africa

Anti-Money Laundering Group (ESAAMLG) on systems and procedures in place in Mauritius to combat money laundering and the financing of terrorism.

With regard to the Mutual Evaluation Report, Minister Sesungkur highlighted that Mauritius has never requested for the rejection of the Report, but only that it be not adopted in its present form and be discussed at the forthcoming meetings of the ESAAMLG Task Force and Council of Ministers to be held in Seychelles in September.

The draft report, he underlined, is still confidential and its final version will be made available in the public domain after its adoption by the Council of Ministers in its meeting in September. Read more from All Africa. Source: All Africa