FSC – Updates to the Anti-Money Laundering and Combatting the Financing of Terrorism Handbook 2020 (Mauritius)

The Anti-Money Laundering and Combatting the Financing of Terrorism Handbook (‘AML/CFT Handbook’) was issued in 2020 by the Financial Services Commission in order to consolidate the Commission’s guidance on anti-money laundering, financing of terrorism and financing of proliferation of weapons of mass destruction.

Further to the Risk-Based Supervision cycle 2020-21, the Handbook has been updated to provide further guidance on Business Risk Assessment and Independent Audit.

The AML/CFT Handbook was further amended on Wednesday 21 September 2022 to include a new provision on Certification and to align with the legislative changes of The Financial Intelligence and Anti-Money Laundering Act 2002 (the “FIAMLA”) and The Financial Intelligence and Anti-Money Laundering Regulations 2018 (the “FIAML Regulations”).

The AML/CFT Handbook can be downloaded here.