Yandraduth Googoolye: Risk-Based Approach to Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) Supervision

Keynote address by Mr Yandraduth Googoolye, Governor of the Bank of Mauritius, at the Seminar on "Risk-Based Approach to AML/CFT Supervision", organised by the IMF Regional Technical Assistance Center for Southern Africa (AFRITAC South) in collaboration with the Bank of Mauritius, Port Louis, 21 January 2020.

The views expressed in this speech are those of the speaker and not the view of the BIS.

Good morning.

I welcome you all to the Bank of Mauritius.

It is my pleasure to deliver the keynote address at this seminar on Risk-Based Approach to Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) Supervision organised by the IMF Regional Technical Assistance Center for Southern Africa, the AFRITAC South, in collaboration with the Bank of Mauritius. I must thank Mr Abdoul Aziz Wane, the Director of AFRITAC South, and Mr Ravi Mohan, Resident Adviser, for having acceded to my request to organize this seminar for the staff of the Bank of Mauritius and other competent authorities dealing with AML/CFT matters in Mauritius.

I extend my appreciation to the experts of the IMF, who are here to share their extensive knowledge and rich experience to assist us in building supervisory skills in the area of AML/CFT supervision.