Mauritius

The Bank of Mauritius is the highest financial body and central bank of the Republic of Mauritius functioning as the national custodian of the monetary system and macroeconomics of the country. The bank was founded in 1967 and currently functions under the legal jurisdiction of the Bank of Mauritius Act 2004. The Bank of Mauritius acts as the independent body corporation of the government involved in currency issuance, monetary policy making, and foreign exchange reserves management in the country. Besides this, the bank also acts as the supreme supervisory agency of the banking sector in the country.

The Data Protection Office is an autonomous regulatory body in the Republic of Mauritius that has the responsibility of ensuring that information privacy and the right to protect personal data are maintained. This autonomous body operates under the statutory legal jurisdiction of the Data Protection Office portal and under the provisions of the national privacy laws. It is headed by the Data Protection Commissioner, who works to ensure that privacy rights are not breached by either government agencies or by private sector organizations.

The Financial Intelligence Unit (FIU) of Mauritius is the main government body responsible for safeguarding the integrity of the country's financial system from any criminal activities and other such illegal flows of funds. As an independent body corporate functioning within the Ministry of the Prime Minister's Office, it serves as the central point for collecting, analyzing, and distributing information in connection with the offenses of money laundering, terrorism financing, and proceeds of crime. It is a fully integrated component of the Egmont Group, which is a worldwide organization.

The Financial Services Commission is the leading independent regulatory body that facilitates the development, regulation, and supervision of the non-banking financial services and global business sectors in Mauritius. As an autonomous corporation under the Ministry of Financial Services and Good Governance, the commission is the institution that holds together the country's huge offshore financial network. Working along with the country's central bank, it protects the country's economic integrity by ensuring that thousands of insurance companies, investment funds, capital markets intermediary services, and corporate service providers are operating in Mauritius.