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Mauritius: The Financial Crimes Commission Act – a new legal framework to combat financial crimes.  


Introducing the Financial Crimes Commission Act in Mauritius marks a pivotal moment in our legal landscape. This act establishes a new Financial Crimes Commission [FCC], which is set to become the apex agency in Mauritius, dedicated to detecting, investigating, and prosecuting financial crimes.

  • Under the Financial Crimes Commission Act, THE FOLLOWING WILL ALL BE REPEALED and replaced by a new legal framework.
  • The Prevention of Corruption Act,
  • The Asset Recovery Act,
  • The Good Governance & Integrity Reporting Act and
  • Part II of the Financial Intelligence & Anti-Money Laundering Act
  • The act is also a consolidating act, GROUPING CRIMES previously dispersed throughout the repealed enactments mentioned below under THE CONCEPT OF ‘FINANCIAL CRIME’.
    • Corruption,
    • Money laundering,
    • Fraud,
    • Financing drug dealing offences and
    • Other offences,
  • These offences now carry harsher penalties with a new possible liability to a fine not exceeding MUR 20 million on conviction for any financial crime.
  • The Act WILL ensure that all the functions and powers once conferred to THE SINGLE & new Financial Crimes Commission (FCC)
  • The new Financial Crimes Commission (FCC) will take over the functions and powers of
    • The Independent Commission Against Corruption (ICAC),
    • The Asset Recovery Investigation Division (ARID) of the Financial Intelligence Unit
      • The Financial Intelligence Unit [FIU] will maintain its separate operation. It will continue to play a vital role in gathering and disseminating financial intelligence and receiving suspicious transaction reports.
    • The Integrity Reporting Services Agency (IRSA).


    • It will also be the depository for all declarations made under the Declaration of Assets Act.

The FCC has the power to:

  • Request any financial institution to provide customer information, including details of financial transactions, subject to judicial check.
  • Use special investigative techniques, such as intrusive surveillance and equipment interception, to gather intelligence or evidence.

The FCC will consist of:

  • A director-general
  • Four commissioners,
  • Various divisions,
    • Investigation Division,
    • Asset Recovery and Management Division, a
    • Educative and Preventive Division, and
    • Legal Division, which will discharge demarcated functions and powers.


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