Mauritius has built a strong reputation for its AML/CFT reforms, successfully exiting the FATF grey list in record time. But as the global landscape shifts, a less visible risk is emerging—Proliferation Financing (PF).
Unlike money laundering or terrorist financing, PF often hides behind legitimate-looking trade, state-sponsored networks and dual-use goods making it harder to detect yet it can be equally consequential. For Mauritius, a thriving international financial centre, the exposure is real.
In this article, Ameer Caunhye, Associate Director – Compliance and Risk, shines a spotlight on PF, why it matters for our financial institutions and the steps needed to strengthen our compliance frameworks.
📖 Read the full article Here to understand:
- Why PF is a global risk with local implications
- How sanctions regimes create hidden vulnerabilities
- The progress Mauritius has achieved so far and where enhancements are needed
- Practical measures institutions must take now to build resilience
💡 PF is not a distant threat. It is the next frontier in compliance and addressing it today will safeguard Mauritius’ role in global finance tomorrow.
👉 Join us this October at the 7th Annual Comsure Financial Crime Conference to continue the conversation and explore practical insights on PF and emerging typologies.
