Regulatory Alerts2026-06-15
The Financial Intelligence and Anti-Money Laundering Act 2002
The Parliament of Mauritius enacted this legislation to establish the Financial Intelligence Unit and define offences related to money laundering and the financing of terrorism and proliferation. The Act mandates reporting persons to implement customer due diligence, maintain records, and report suspicious or cash transactions to the FIU. It further empowers regulatory bodies to supervise compliance, conduct inspections, and impose administrative sanctions while facilitating international information exchange.
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