The Bank of Mauritius is hosting the plenary meeting of the French-speaking Banking Supervisors Group (GSBF) on March 21 and 22, 2024 at its headquarters.
Governors and senior officials from the central banks of French-speaking countries are participating in this two-day conference.
The report on combating money laundering and terrorist financing, jointly developed by the Bank of Mauritius and Bank Al Maghrib as part of the GSBF’s work, was officially launched on March 21.
This took place during the opening of the Plenary Meeting of the French-speaking Banking Supervisors Group in the BoM’s auditorium.
The report contains insights and best practices shared by the central banks of Mauritius and Morocco.
Furthermore, the theme of the plenary meeting of the French-speaking Banking Supervisors Group (GSBF) is “Banking supervision in the face of climate challenges.”
Harvesh Seegolam, Governor of the Bank of Mauritius and President of the GSBF, emphasizes that today, more than ever, “we are at a decisive crossroads, which is why the theme of this plenary meeting is so important. The choices we make, the policies we implement, and the measures we adopt will have significant repercussions.”
He explains that the responsibility is to maintain the survival, prosperity, and stability of the financial sector despite the challenges to be faced.
This involves innovation, collaboration, and openness to new paradigms.
In order to give an international scope to the discussions held during the plenary meeting, the president of the GSBF states that he will ensure that the group’s work is visible internationally.
“With this in mind, I will personally make an update to the other Governors of French-speaking central banks in May,” he conveyed.
The future projects of the BoM include implementing its stress testing model based on short-term scenarios.
According to the governor, work is also currently underway on a framework for the exchange of carbon emission rights for blue and green credits, as announced in the 2023-2024 budget.
Source: Defi Media
