Three agencies launch joint AML training ahead of 2027 review
The Bank of Mauritius, the Financial Services Commission and the Financial Crimes Commission have launched the third edition of their joint AML/CFT Graduate Programme. The inter-agency initiative strengthens supervisory capacity ahead of the 2027 ESAAMLG mutual evaluation.
Bridging intelligence and supervision
The third edition of the Anti-Money Laundering and Combatting the Financing of Terrorism (AML/CFT) Graduate Programme marks the first time the initiative is delivered jointly by three authorities: the Bank of Mauritius, the Financial Services Commission (FSC) and the Financial Crimes Commission (FCC).
Attended by Bank First Deputy Governor Rajeev Hasnah, Second Deputy Governor Ramsamy Chinniah, FSC Chief Executive Prabha Chinien and FCC Director General Titrudeo Dawoodarry, the launch consolidates supervision, intelligence and law enforcement.
The one-year curriculum gives graduates cross-institutional rotations to build practical expertise across institutional boundaries.
The road to the 2027 evaluation
The programme expands as Mauritius prepares for its Mutual Evaluation Review by the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG) in 2027, with preliminary mission preparations underway for December.
Mauritius currently holds Compliant or Largely Compliant ratings on all 40 Recommendations of the Financial Action Task Force (FATF).
Maintaining this status is viewed as essential for preserving international investor confidence in the jurisdiction as a financial centre.
Beyond tick-box compliance
Technical compliance with FATF rules means little if inter-agency coordination falters under real scrutiny.
Pooling regulatory cohorts builds necessary operational bridges across intelligence and enforcement silos.
The initiative will ultimately be judged by whether it prevents dirty money flows, not merely by passing the 2027 review.