We welcome change in banks so long as they are able to demonstrate that the risks are being appropriately and adequately managed. Moreover, as all prudent central banks, the Bank of Mauritius will also pay special attention to the recommendations of the Basel Committee and require banks operating in Mauritius to ensure strict compliance thereto.
2/5  BIS central bankers' speeches  Addressing the concerns regarding Money Laundering and Terrorist Financing risks Concerns have been expressed to the effect that digital assets offer some form of anonymity to its holders if not properly regulated and controlled and may be subject to heightened money laundering and terrorism financing (ML/TF) risks.