Regulatory Alerts2009-11-27
Bank of Mauritius Guideline on Public Disclosure of Information
Issued by the Bank of Mauritius, this guideline establishes minimum public disclosure standards for banks and non-bank deposit-taking institutions regarding their annual financial statements, annual reports, and quarterly filings. It mandates formal board-approved disclosure policies with validated data, requiring detailed qualitative and quantitative reporting on capital structure, risk exposures (credit, market, operational), related party transactions, and corporate governance. Effective December 2008, the framework requires institutions to publish these disclosures on their websites with comparative figures for two prior years, while Section III applies exclusively to banks under the Basel II framework.
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