Maintaining and strengthening the good repute of the Mauritius International Financial Centre

Meeting International Norms and Standards

One of the FSC's key objectives is to align its policies and practices with international best practices of standard setters for better regulation and supervision of the non-banking financial services sector. Through its membership with international organisations, the FSC adheres to norms and standards in order to preserve the good repute of Mauritius in the financial services sector.

FSC's focus in defining international policy is inter alia to:

• ensure adherence to international norms and best practices;
• promote cooperation with both local and foreign regulators for effective supervision and exchange of information;
• reinforce capacity building through cooperation and mutual assistance; and
• combat Money Laundering, Terrorism Financing and tax fraud.

The FSC is a member of:

• International Organisation for Securities Commissions (IOSCO)
• International Organisation of Pension Supervisors (IOPS)
• International Association of Insurance Supervisors (IAIS)
• Financial Stability Board's Regional Consultative Group
• Southern Africa Development Community - Committee for insurance, Securities and Non-Bank Financial Authorities