Mauritius International Financial Centre – Forward Looking Conference, 19 and 20 September 2018
Mauritius International Financial Centre – Forward Looking Conference, 19 and 20 September 2018
Launching of new FSC Logo
The event was also marked by the unveiling of the new FSC logo by the Honourable Prime Minister. After more than 17 years of existence, the FSC is called upon to play a more dynamic role in line with its mandate. The new identity reflects the new thrust that is being given to the FSC.
Signature of two Tripartite Memoranda of Understanding
The first tripartite MoU was signed by the Financial Services Commission, the Bank of Mauritius and the Financial Intelligence Unit (FIU). The MoU will enhance cooperation amongst the three institutions in areas where they are called upon to work together and enhance collaboration for more efficiency whilst avoiding any duplication.
The Second tripartite MoU was signed by the FSC, the Independent Commission Against Corruption ICAC and the FIU to ensure more efficient cooperation and coordination amongst the three Authorities in different areas where they need to collaborate with one another.
Launching of New Mobile Application
The FSC also launched a new mobile application for instant communication and better proximity with its stakeholders.
Two-day Conference
The second day of the Conference was launched by the Honourable Dharmendar Sesungkur, Minister of Financial Services and Good Governance.
The two-day Conference focused on the latest trends impacting Mauritius as an International Financial Centre (MIFC) in line with the developments at international level. Topics discussed by eminent international panelists and industry experts during the Conference include:
- Innovating the Mauritius International Financial Centre
The session focused on how the Mauritius IFC can build on its strengths and leverage on existing opportunities to overcome the challenges it faces and achieve its ambition of doubling in size in the next 10 years.
- The Global Business Sector meeting new expectations
This session focused on the recent reform of the Global Business Sector and the panellists having wide experience in the financial services and global business sector discussed about the major reforms and challenges ahead.
- Enabling Framework for Financial Technologies in Mauritius
The session focused on the essential components which the Mauritian Fintech regulatory framework has to encompass including the use of blockchain technology, cybersecurity, Know Your Client (KYC) and Customer Due Diligence (CDD), as well as, compliance with international standards and practices.
- The Role of Anti Money Laundering and Counter Terrorism in the Financial Services Landscape
The session focused on the latest developments and on-going initiatives in the AML landscape and their implications for Mauritius as a Financial Centre.
The four working sessions carried out over the two days have brought forth several innovative ideas aimed at reshaping the financial services sector.