MAURITIUS
Comoros
Madagascar
Mauritius
Law and Practice Contributed by: Valerie Bisasur, Jean-Vincent Dacruz and Shane Mungur BLC Robert & Associates
Réunion (Fr.)
Contents 1. Legal Framework p.349 1.1 Key Laws and Regulations p.349 2. Authorisation p.350 2.1 Licences and Application Process p.350 3. Changes in Control p.352 3.1 Requirements for Acquiring or Increasing Control Over a Bank p.352 4. Governance p.353 4.1 Corporate Governance Requirements p.353 4.2 Registration and Oversight of Senior Management p.357 4.3 Remuneration Requirements p.359 5. AML/KYC p.359 5.1 AML and CFT Requirements p.359 6. Depositor Protection p.360 6.1 Deposit Guarantee Scheme (DGS) p.360 7. Prudential Regime p.362 7.1 Capital, Liquidity and Related Risk Control Requirements p.362 8. Insolvency, Recovery and Resolution p.364 8.1 Legal and Regulatory Framework p.364 9. ESG p.366 9.1 ESG Requirements p.366 10. DORA p.367
10.1 DORA Requirements p.367 11. Horizon Scanning p.369 11.1 Regulatory Developments p.369
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