Now, the CEO of the Mauritius Financial Services Commission (FSC) is engaged in promoting the services of the country’s International Finance Centre (IFC) and catering for a growing interest in its services from the world of non-fungible tokens (NFTs) and cryptocurrencies.
TAR: What was the FSC’s role in getting the country removed from the FATF and EU lists?
Thakoor: The FSC was among the main stakeholders directly involved in the delisting of Mauritius from the lists of jurisdictions under increased monitoring. A robust and sustained risk-based approach to supervision was adopted, and the FSC leveraged technological upgrades to address the deficiencies identified in the system. These have reaped positive results, and now that Mauritius is a clean jurisdiction we can henceforth conduct business in a much more controlled and safer environment.
How will you further enhance the reputation
There's more to this story
Get unlimited access to our exclusive journalism and features today. Our award-winning team of correspondents and editors report from over 54 African countries, from Cape Town to Cairo, from Abidjan to Abuja to Addis Ababa. Africa. Unlocked.
cancel anytime
Already a a subscriber Sign In