A Financial Crime Commission is being set up to bring harmonisation in the structure to fight against financial crime in Mauritius and to ensure better coordination and synergy amongst existing institutions.
This statement was made by the Prime Minister, Sir Anerood Jugnauth, at the opening ceremony of the Global Conference on Anti-Corruption Reform in Small Island Developing States (SIDS) today at Le Méridien Hotel, Pointe Aux Piments. The conference is organised by the Ministry of Financial Services, Good Governance and Institutional Reforms in collaboration with the United Nations Office on Drugs and Crime.
In his opening address the Prime Minister outlined that this initiative is expected to mitigate the risks of fraudsters exploiting loopholes in the functioning of institutions, which may have led to the recent cases of Ponzi schemes where many innocent but gullible persons could have lost their hard-earned money.
Advance your CPD minutes for this content, by signing up and using the CPD Wallet
FREE CPD Wallet