In this respect, the central bank envisages to hire the services of an accounting firm to carry out the validation exercise on its behalf as it might not have the expertise to do so as early as January 2018. Subsequently in April 2016, the Bank of Mauritius requested banks to submit an IFRS 9 implementation roadmap vetted by their external auditors.
Nonetheless, I am very happy that the hand of fate has led to my speaking here today, two days after the government’s decision to appoint me as Governor, and economic advisor to the government, because I believe that this Conference deals with one of the most important issues on the socioeconomic agenda in the State of Israel.