At the end of the day, the ultimate objective of the reforms needs to be ensuring the risk sensitivity of the framework, meaning that the capital requirements reflect the actual risks of an institution as accurately as possible.
This training, therefore, comes at an opportune time, when the implementation of the AML/CFT risk-based approach ranks high on the agenda of all AML/CFT Supervisors in Mauritius. Let me conclude by inviting all participants to ponder upon this statement of the FATF.