Regulatory Alerts2026-04-10
The Financial Intelligence and Anti-Money Laundering Act 2002
Enacted by the Parliament of Mauritius, this legislation establishes a Financial Intelligence Unit (FIU) and defines comprehensive money laundering offences to safeguard the national financial system. It mandates reporting persons, auditors, and regulatory bodies to implement customer due diligence, maintain records, and submit suspicious or cash transaction reports to combat money laundering and terrorism financing. The Act further empowers supervisory authorities to conduct inspections, issue directions, impose administrative sanctions, and exchange information domestically and internationally through a dedicated review panel and national committee.
Share