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Newsletter | Articles MAURITIUS ENHANCES AML LEGISLATION The main object of The Anti-Money Laundering (Miscellaneous Provisions) Bill is to amend the Banking Act, the Financial Intelligence and Anti-Money Laundering Act 2002 and the Financial Services Development Act 2001 to provide for:. the setting up of a National Committee for Anti-Money Laundering and Combating the Financing of Terrorism; the replacement of the Review Committee of the Financial Intelligence Unit by a Board; the Financial Intelligence Unit to issue guidelines to banks, financial institutions, cash dealers and members of the relevant professions or occupations on the manner in which suspicious transaction reports should be made to the Financial Intelligence Unit; the Bank of Mauritius and the Financial Services Commission to issue codes and guidelines on anti-money laundering and the combating of the financing of terrorism and to enforce compliance with those codes and guidelines; a derogation from the duty of confidentiality of: banks, to allow them to report suspicious transactions and supply information relating to a reported suspicious transaction to the FIU; the Bank of Mauritius and the Financial Services Commission, to allow them to refer information suggesting a possible money laundering offence or a suspicious transaction to the FIU; the Director of the FIU to be given the power to request further information in relation to a reported suspicious transaction. Jurisdiction information: ILS MAURITIUS DATASHEET