And finally, the BCBS could be of great help for supervisors regarding operational, legal and reputational risks in banks which are linked to conduct risks or anti-money laundering. The same is true for green finance or climate-related risk. Here, too, a structured exchange of information about different tools and methods would help to strengthen supervision globally. 2/2  BIS central bankers' speeches
The financial services sector, including the banking sector, fulfils an important function as financial intermediary in an economy. Mauritius has one of the oldest and most sophisticated financial systems in Africa, with the banking system currently representing around 6 per cent of GDP. Robust economic performance has strongly contributed to the expansion of the sector.