Guidelines on Frequency of Customer Due Diligence

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COMMUNIQUÉ
Guidelines on Frequency of Customer Due Diligence The Financial Services Commission, Mauritius (“the FSC”) is issuing the Guidelines on Frequency of Customer Due Diligence (“the Guidelines”) under Section 7(1)(a) of the Financial Services Act and Section 17E (2) of the Financial Intelligence and Anti-Money Laundering Act (“the FIAMLA”). The Guidelines provide guidance and set standards for licensees classed as financial institutions under FIAMLA on the frequency at which they shall apply customer due diligence (“CDD”) requirements. The Guidelines may be accessed on the FSC website here. Disclaimer:
For avoidance of doubt, nothing in these Guidelines shall preclude a licensee from undertaking periodic reviews more frequently than the minimum frequency prescribed under these Guidelines. 05 June 2026 About the FSC Mauritius The FSC Mauritius is the integrated regulator for the non-banking financial services sector and global business. The vision of the FSC Mauritius is to be an internationally recognised financial supervisor committed to the sustained development of Mauritius as a sound and competitive financial services centre. In carrying out its mission, the FSC Mauritius aims to promote the development, fairness, efficiency and transparency of financial institutions and capital markets in Mauritius; suppress crime and malpractices so as to provide protection to members of the public investing in non-banking financial products; and ensure the soundness and stability of the financial system in Mauritius.

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Financial Services Commission
FSC House, 54 Cybercity
Ebene, 72201 Mauritius
T: (+230) 403-7000 F: (+230) 467-7172
E: mail@fscmauritius.org www.fscmauritius.org