Strengthening of interaction with the banking industry At the apex level, collaboration between commercial banks and the Bank occurs through the quarterly Banking Committee meetings in which Chief Executives of all banks and the Mauritius Bankers Association (MBA) participate. The Banking Committee is not confined to supervision and regulation alone but covers the entire gamut of issues relating to banks.
I have increased interaction with the banking industry since June 2008 when I initiated meetings with the Bureau of the MBA, comprising the Chairman, the two Vice-Chairmen and the Chief Executive, in-between the regular Banking Committees. The Banking Committee operates a number of sub-committees to examine certain areas in detail – compliance, treasury and payments system.