20 August 2021
The Bank of Mauritius (“Bank”) introduced, in February 2017, Guidelines for banks licensed to carry on private banking business.
Following consultation with the banking industry and developments in the regulatory and supervisory framework for banks conducting private banking operations, the Bank has now issued an updated draft Guideline for private banking business (“Guideline”) for public consultation.
The draft Guideline can be accessed on the website of the Bank at the following link: https://www.bom.mu/financial-stability/supervision/guideline
Submissions
Stakeholders are invited to submit their responses to The Director – Supervision, Bank of Mauritius by e-mail to policy@bom.mu not later than Wednesday, 15 September 2021.
The submissions should be in softcopy and in terms of the Annex embedded herewith.
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