WAIFC delegates meet with the Bank of Mauritius and key financial players
Educational Visit to the African Leadership University
The day commenced with a site visit to the African Leadership University, renowned for its innovative approach to higher education. WAIFC members were treated to a series of presentations by entrepreneurs launching ambitious projects, showcasing the vibrant entrepreneurial spirit on the campus. The visit provided a glimpse into how the university fosters a breeding ground for future business leaders and innovators.
Visit to the Financial Services Commission Mauritius
The visit to the Financial Services Commission (FSC) of Mauritius provided insights into the regulatory body's crucial role in ensuring the integrity and stability of the financial sector. Participants learned about the FSC's innovative initiatives and ongoing efforts to foster a conducive environment for financial growth, highlighting Mauritius' commitment to maintaining its status as a reputable international financial center.
Networking Lunch at EDB Mauritius Building
The delegation then moved to the EDB Mauritius building for a lunch meeting with senior leaders of the local financial sector. This session offered a unique opportunity for attendees to engage in meaningful discussions, exchange ideas, and explore potential collaborations in the picturesque setting of one of Mauritius' financial hubs.
Site Visit to MRIC
The afternoon featured a visit to the Mauritius Research and Innovation Council (MRIC), where participants learned about the latest finance-related research and how such initiatives are encouraged to stimulate project realization. This visit underscored Mauritius' commitment to fostering innovation and supporting research in finance.
Insightful Session at the Bank of Mauritius
A pivotal moment of the day was the visit to the Bank of Mauritius, including a high tea session with the Governor, Mr. Harvesh Kumar Seegolam G.C.S.K. Participants engaged in a presentation addressing current initiatives to combat fraud and money laundering. The high tea with Governor Seegolam provided an intimate platform for attendees to gain insights into Mauritius' developmental strategies.
Focus on AML/CFT
The day concluded with a session dedicated to Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT) with the technical team of the Bank of Mauritius (BOM).
This session highlighted the rigorous efforts and strategies implemented in Mauritius to safeguard its financial sector against illicit activities. The second day of the WAIFC event in Mauritius was not only informative but also a testament to the island's growing influence in the global financial landscape, showcasing its dedication to innovation, education, and rigorous financial standards.