21 March 2014, Bank of Mauritius
By virtue of the section 51A(1) of the Bank of Mauritius Act 2004, the responsibility for the preparation of the balance of payment accounts and the external assets and liabilities position of Mauritius is vested in the Bank of Mauritius. In this regard, section 51A(2) states that the Bank may, by notice in writing, require any person to furnish, within such time and in such form and manner as the Bank may determine, such information and data as the Bank may require for the preparation of the balance of payments accounts and the external assets and liabilities position of Mauritius.
Any person who fails to comply with a requirement under section 51A(2) of the Bank of Mauritius Act 2004 shall commit an offence and shall, on conviction, be liable to a fine not exceeding 50,000 rupees for each day on which the offence occurs or continues.
The Bank is conducting its fifth Foreign Assets and Liabilities Survey (FALS 2014) as from today. FALS 2014 calls for selected resident enterprises to provide transactions and positions data with non-residents for the year 2013. The objective of the survey is to improve the balance of payments statistical coverage and also to compile the International Investment Position (IIP).
Information provided in the questionnaire will be treated in confidence and will not be accessible to any third party within or outside the Bank. The information supplied will only be published by the Bank in aggregated form.
An electronic version of the questionnaire is available on the Bank’s website at https://www.bom.mu.
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