Mauritius FIU STR AML/CFT insights October - December 2019 - Issue no. 3 / 09 March 2020
During the period from 01 October 2019 to 31 December 2019, a total of 178 STRs were reported to the FIU, with banks being the leading STR provider with about 75% of STRs filed.
Comparatively, for the last period surveyed (01 July 2019 to 30 September 2019), banks had submitted about 80% of STRs.
This percentage decrease confirms the trend already observed during the last quarter surveyed, namely the emergence of a shift in the composition of STR providers, as noted for December 2019.
And although the number of STRs filed during the current quarter has experienced a decrease of about 28% compared to the last quarter, it is worthwhile to note
- That the aggregate value of transactions reported in the current quarter account for 34 times more than the aggregate amount of the past quarter;
The above matters are covered in more details in the next section of this bulletin. See attachement