On 31 March 2021, the Financial Services Commission of Mauritius issued a communiqué regarding updates being made to the Anti-Money Laundering and Combatting the Financing of Terrorism Handbook 2020 (‘AML/CFT Handbook’). According to the communique, the updates came further to the first AML/CFT supervisory cycle 2020-2021 and these are intended to assist financial institutions in conducting an effective AML/CFT Independent Audit and in implementing an adequate Business Risk Assessment.

Find more details on the updates and their relevance to business operations HERE