To enhance compliance culture, compliance training is provided to staff of the Bank as per below:
The Bank continuously work in maintaining good relationships with its various stakeholders through accountability and transparency.
To comply with the National Code of Corporate Governance (2016) and Bank of Mauritius Guideline on Corporate Governance it is vital to recognize employees as valued stakeholders in terms of corporate social and ethical responsibility.
AfrAsia Bank Limited holds a Banking Licence to conduct banking business in Mauritius issued by the Bank of Mauritius under Section 7 of the Banking Act 2004 since 29 August 2007. The Bank and its Group Entities are regulated as follows:
The Bank is also a Primary Dealer as per the Bank of Mauritius requirement and is allowed to deal in government
|Legal Entity||Domiciled||Regulatory Oversight|
|AfrAsia Bank Limited||Mauritius (Domestic)||Bank of Mauritius
Financial Service Commission
|AfrAsia Corporate Finance (Africa) Limited - under liquidation||Mauritius(GBL1)||Financial Services Commission|
|AfrAsia Capital Management Limited||Mauritius (Domestic)||Financial Services Commission|