For example, we have expanded the range of eligible collateral for our lending operations and begun purchasing financial assets outright, including a wide array of private sector assets. While there are many parallels in the way that we and the commercial banks have managed risks, there are also important differences due to our public mission as laid down in our mandate.
New guidelines are also in the pipeline, including Basel III. In the field of anti-money laundering, in particular, the Bank of Mauritius has, besides issuing Guidance Notes on Anti-Money Laundering and Combating the Financing of Terrorism for Financial Institutions, set up a Committee comprising Compliance Officers of banks and officials of the Bank of Mauritius to discuss and follow up on all compliance issues.