The Financial Commission (FSC) organised a high level two-day conference on 19th and 20th September 2018 at the Intercontinental Mauritius Resort in Balaclava, Mauritius.

The Conference, entitled ‘Forward Looking’, focused on the latest trends impacting the Mauritius International Financial Center (Mauritius IFC), in line with developments at the international level.

Among topics discussed:

• The consolidation and innovation of Mauritius as a Financial Center
• Reform of the Global Business Sector
• Financial Technologies in line with the budget measures announced in the Budget 2018-2019
• Compliance and anti-money laundering aspects for the financial services sector

Participants comprised CEOs and key decision makers of Management Companies and other financial entities regulated by the FSC, banks, law firms, advisory firms, researchers and academics.

The main vector for discussions was the Blueprint for the Mauritius IFC, a document entitled ‘Innovating and transforming the Mauritius IFC of 2030’ issued last year by Australian consultant James Shipton and other specialists from different financial segments. The recommendations put forward by the Blueprint aim at increasing the size of the Mauritius jurisdiction by generating annual fiscal revenues to USD 280 million by 2030, compared to USD 178 million in 2016.