December 22, 2020

The Mauritius Financial Services Commission (“FSC”) signs the Group of International Finance Centre Supervisors (“GIFCS”) Multilateral Memorandum of Understanding (“MMoU”)

On the 20th October 2020, the FSC has become signatory to the Group of International Finance Centre Supervisors (“GIFCS”) Multilateral Memorandum of Understanding (“MMoU”).

 

This MMoU provides a framework to facilitate exchange of information among authorities and promote integrity, efficiency and financial soundness by improving regulation and enhancing supervision of cross-border transactions. The GIFCS is a long-established group of financial services supervisors with a core interest of promoting the adoption of international regulatory standards especially in the fiduciary, banking, and Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) arena.

 

For more information, we invite you to view the communiqué from the FSC.



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