The latest revision of the Guideline on Private Banking (the "Guideline") by the Bank of Mauritius ("BoM") puts emphasis on the regulator’s willingness to combat Money Laundering and Terrorism Financing, while preserving the distinct service offerings to high-net-worth individuals.
The Guideline brings in key changes that banking institutions need to consider in respect to their delivery models and risk management practices.
At PwC, we aim to help banking institutions meet the requirements of the Guideline.
We have assembled a team of professionals from Banking, Legal, Technology, Risk and Compliance to assist you in the compliance journey.
The team has past and existing experience in helping several banks in Mauritius, Africa and Europe. We are currently assisting 2 major banks in Europe to achieve their regulatory reporting needs, and AML/CFT requirements.
Partner, Business Recovery Services, Forensics and Financial Crime, PwC Mauritius
Tel: +230 404 5148
Partner, Cybersecurity & Privacy, PwC Mauritius
Tel: +230 404 5015
Head of PwC Legal (Mauritius) Ltd, PwC Legal
Tel: +230 404 5007
Financial Crime Specialist, PwC Mauritius
Tel: +230 404 5480