RockFin, your trusted compliance specialist has prepared a Budget Brief 2021-2022. We invite you to read more about the Budgetary measures

RockFin Offre ses services de conformité en affaires

Maurice lutte toujours pour sortir de la liste noire de l’Union Européenne ainsi que de la liste grise de la Financial Action Task Force. Alors que le gouvernement met tout en œuvre pour sortir la juridiction mauricienne de ces listes, Shaheen Abdul Carrim, CEO de RockFin, parle du rôle de tout un chacun pour mener à bien cette mission.

Beelal Baichoo, Compliance Manager at RockFin Compliance Services Ltd, explainshow the compliance function in Mauritius’ financial services sector has successfullykept pace with international standards over the years, while cautioning that morework is needed to demonstrate the effectiveness of the local AML/CFT regime inview of shortcomings identified by the EU and FATF

Le secteur financier local poursuit son cheminement en vue de sortir de la liste grise de ls Financial Action Task Force (FATF), ce qui permettra également de quitter la liste noire de l’Union européenne. C’est dans cette optique que RockFin organise un webinaire le 18 mai à 14 heures. Intitulé ‘AML/CFT Audit and Business Risk Assessment’, ce webinaire couvrira plusieurs aspects, dont le renforcement du cadre de la lutte contre le blanchiment d’argent et le financement du terrorisme, l’évaluation des risques commerciaux, les attentes réglementaires ou encore les lignes de défense.

Les opérateur en faveur des mesure pour rentre la juridiction plus compétitive

Uk Blacklist

The Financial Services Commission, the regulator for non-banking financial services in Mauritius, has come forward on 1st April 2021 with an amended AML-CFT Handbook (initially issued at the start of year 2020).

Le Foreign Account Tax Compliance Act (FATCA) oblige les citoyens américains qui détiennent des actifs financiers étrangers à les déclarer au fisc des Etats-Unis. Comme pour la norme internationale Common Reporting Standard (CRS), les institutions financières locales sont tenues de faire preuve de diligence raisonnable auprès des titulaires de comptes, d’identifier les non-résidents et de le signaler. Cet exercice se tiendra dans des circonstances difficiles cette année encore, comme l’explique Beelal Baichoo, Manager de Rockfin Compliance Services Ltd.

At a time where all stakeholders (licensees, regulators…) are collaboratively striving hard to White list the name of the jurisdiction, Mauritius has been included on the UK list of countries that require enhanced due diligenc! Although it has no further implications than being on the EU list of high risk third countries, this deals a blow to the reputation of Mauritius and makes it more difficult for us to get out of these lists…implying we shouldn’t relax on the efforts already undertaken to ‘defend’ the name of the country. 𝐘𝐞𝐬, 𝐰𝐞 𝐜𝐚𝐧 𝐭𝐨𝐠𝐞𝐭𝐡𝐞𝐫! #RockFin

RockFin Compliance Services Ltd offers a full spectrum of COMPLIANCE, LEGAL, CRS and FATCA services starting from helping financial institutions with the fulfilment of their regulatory due diligence obligations to successful submission of the regulatory reports.....

The Financial Services Commission, Mauritius (‘FSC’) has issued an Anti-Money Laundering and Combatting the Financing of Terrorism Handbook 2020 (‘AML/CFT Handbook’) on 13 January 2020, which provides guidelines to assist financial institutions in applying national measures to combat money...

Elle intègre le secteur financier en 2006 pour ensuite rejoindre la compliance. Titulaire du diplôme d'étude supérieures spécialisées en droit notarial de l'université des Sciences Sociales de Toulouse, il était tout à fait naturel pour elle de continuer sur cette lancée....

Reporting CRS and FATCA to local tax authorities (or the IRS) under the current and future AEOI regimes can be challenging without an automated solution. More so given that countries impose different reporting deadlines, require different file formats...

Are you worried about passing an onsite inspection and steering away from any enforcement action? - WE CAN HELP KEEPING YOU SAFE! / Do you have other concerns in light of COVID-19?

Are you worried about meeting the stringent MIPA Regulayory Requirements aimed at the combatting money laundering and terrorist Financing?

We understand the challenging business and demanding regulatory environments in Mauritius

Mauritius has proventobeani deal place for a growing number of foreign nationals to move to either to do business, acquire property, work, live or retire.

The OECD requires large MNEs having annual consolidated group revenue equal to or exceeding EUR 750 million to file a Country-by-Country (CbC) Report.