Financial crime risk management

As Mauritius continues to strengthen its reputation, businesses operating in the region must navigate increasing regulatory scrutiny and increasingly sophisticated financial crime risks. From combating money laundering and terrorist financing to addressing fraud, tax evasion, and cybercrime, organisations need to maintain robust defences in-line with areas including the Financial Intelligence and Anti-Money Laundering Act (FIAMLA) and other international standards.

How we help

We work alongside firms to identify vulnerabilities, implement robust financial crime prevention measures, and comply with applicable laws and regulations. Our approach goes beyond systems and processes, to build a culture of ethical behaviour and compliance at all levels.

We help manage risk across areas of financial crime including:

• Anti-money laundering (AML)
• Counter terrorist financing (CFT)
• Sanctions compliance
• Fraud management
• Market abuse prevention
• Anti-bribery and corruption
• Tax evasion prevention

Governance and oversight

We help firms to track, interpret, and implement measures to meet new and existing obligations under FIAMLA and related frameworks. Our support enables boards and senior management to:

• Ensure effective oversight of financial crime prevention measures.
• Make informed decisions using data-driven insights.
• Demonstrate compliance to regulators while improving operational efficiency and market reputation.

Risk Assessment

We support our clients to assess financial crime exposure across:

• Business activities, products, and services.
• Client bases and transactional behaviour.
• Markets and jurisdictions.

Our detailed evaluations of your internal controls, such as customer due diligence, transaction monitoring, and employee training pinpoint risks and provide practical steps to mitigate.

Technology and data analytics

Our expertise ensures you select and implement the right tools to detect suspicious activity efficiently, reduce false positives, and strengthen your defences against emerging threats.

Independent review, testing, and assurance

We provide independent evaluations of your financial crime prevention framework, providing a practical viewpoint on how to:

• Address gaps in compliance before they escalate.
• Strengthen policies, procedures, and controls.
• Offer assurance to stakeholders and regulators alike.

Training, awareness and horizon scanning

Our training programmes help your team stay informed on the latest threats and compliance requirements. We can support you to build a culture of vigilance and accountability by:

• Conducting regular training sessions.
• Building awareness campaigns to emphasise the consequences of financial crime.
• Creating safe channels for reporting suspected wrongdoing.

We also offer horizon scanning to keep your firm ahead of emerging threats and regulatory developments.

Incident response and regulatory support

In the event of regulatory inquiries, audits, or investigations, we provide guidance and support to mitigate risk and protect your organisation. Our expertise ensures swift and effective responses to incidents, reducing damage and bolstering future resilience.