The BOM signs MoU with CSSF

Article Published on January 26, 2022

Anchored in its aim of enhancing its relationships with leading regulatory authorities, the Bank of Mauritius (BOM) has signed a Memorandum of Understanding (MoU) with the Commission de Surveillance du Secteur Financier (CSSF). This MoU, as stated in the media release from the BOM on 14 January 2022, outlines a formal framework for cooperation, assistance and exchange of information relating to regulatory and supervisory mandates, development of banking and financial systems and compliance with international standards and regulations between the two authorities.

Through this MoU, the BOM and the CSSF also aim to promote mutual collaboration in the fields of financial inclusion, digital innovation in financial services, Fintech regulation, private banking, green finance, risk-based supervision and macroprudential supervision, virtual assets and cybersecurity, anti-money laundering and combating the financing of terrorism.

Access the full communique from the BOM here