Our licensees are required to strictly follow the risk management principles enunciated in the Guideline on Outsourcing for Financial Institutions issued by the Bank of Mauritius and address the risks inherent in outsourcing. Outsourcing of those activities would have to be approved by the board of directors of the financial institution in the first instance and subsequently by the Bank of Mauritius.
At the same time, it also states that “digitalisation could create up to 6 million jobs worldwide between 2016 and 2025 in the logistics and electricity industries”. 8 Meanwhile, presumably higher depreciation rates – related to the rising share of intangible assets – require 3/4  BIS central bankers' speeches  higher rates of investment to maintain the capital stock.