The Anti-Money Laundering and Combatting the Financing of Terrorism (Miscellaneous Provisions) Act 2020 (the “Act”), giving effect to the EU Directive on Anti Money Laundering and Counter Terrorist Financing, came into force on 9 July 2020. The Act...
The Mauritius Financial Services Commission (the “FSC”) has scheduled a series of onsite inspections of its licensees for the coming months. These inspections will not be a full scope inspection but will be themed base. The inspections will be...
On 26 February 2020, the Supreme Court of Mauritius delivered a landmark judgment in the case of Up To Ten v Barclays Bank Plc (2020 SCJ 57), critically analysing the scope of a bank’s duties, boundaries and responsibilities to its customers when...