Q: The Bank of Mauritius has worked hard to improve its regulatory and supervisory systems in recent times. In what ways have these improvements benefited the country’s financial sector, as well as the economy?
A: The prime objectives of the regulatory and supervisory reforms launched by the Bank of Mauritius are to foster financial stability and preserve the reputation of Mauritius as a safe, transparent and competitive jurisdiction. The measures aim to contain and mitigate vulnerabilities of the jurisdiction and fortify resilience of the financial system. As the ongoing projects are executed, the prospects for doing business in and from Mauritius are expected to improve considerably.
