{"id":3886,"date":"2026-02-11T05:45:49","date_gmt":"2026-02-11T05:45:49","guid":{"rendered":"https:\/\/ministry1.govmu.org\/cbrd\/?page_id=3886"},"modified":"2026-02-26T06:28:34","modified_gmt":"2026-02-26T06:28:34","slug":"aml-cft","status":"publish","type":"page","link":"https:\/\/companies.govmu.org\/cbrd\/aml-cft\/","title":{"rendered":"AML\/CFT"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"3886\" class=\"elementor elementor-3886\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-24b60be e-con-full e-flex e-con e-parent\" data-id=\"24b60be\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-af9a6a8 elementor-widget__width-inherit elementor-widget elementor-widget-heading\" data-id=\"af9a6a8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Anti-Money Laundering and Countering the Financing of Terrorism (AML\/CFT)<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3af2312 e-flex e-con-boxed e-con e-parent\" data-id=\"3af2312\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-b9ce5d5 e-con-full e-flex e-con e-child\" data-id=\"b9ce5d5\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-36d19c1 elementor-widget elementor-widget-image\" data-id=\"36d19c1\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"800\" src=\"https:\/\/companies.govmu.org\/cbrd\/wp-content\/uploads\/2026\/02\/before.jpg\" class=\"attachment-large size-large wp-image-3872\" alt=\"\" srcset=\"https:\/\/companies.govmu.org\/cbrd\/wp-content\/uploads\/2026\/02\/before.jpg 1000w, https:\/\/companies.govmu.org\/cbrd\/wp-content\/uploads\/2026\/02\/before-300x300.jpg 300w, https:\/\/companies.govmu.org\/cbrd\/wp-content\/uploads\/2026\/02\/before-150x150.jpg 150w, https:\/\/companies.govmu.org\/cbrd\/wp-content\/uploads\/2026\/02\/before-768x768.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-70b819e e-con-full e-flex e-con e-child\" data-id=\"70b819e\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-bb10455 elementor-widget elementor-widget-text-editor\" data-id=\"bb10455\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><strong>The aim of the AML\/CFT Unit of the \u00a0Corporate and Business Registration Department is to:<\/strong><\/p><ul><li>Promote compliance with <strong>AML\/CFT obligations<\/strong> among CSPs and other regulated entities.<\/li><li>Prevent the misuse of legal persons and arrangements for money laundering, terrorist financing, or proliferation financing.<\/li><li>Strengthen <strong>transparency of ownership and control structures<\/strong> through accurate and timely beneficial ownership (BO) information.<\/li><li>Contribute to the national AML\/CFT framework in line with <strong>Financial Action Task Force (FATF) Recommendations<\/strong>.<\/li><li>Collaborate with other competent authorities to ensure a <strong>coordinated and risk-based approach<\/strong> to AML\/CFT supervision.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-67ff9f1 e-flex e-con-boxed e-con e-parent\" data-id=\"67ff9f1\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-b6788ab e-con-full e-flex e-con e-child\" data-id=\"b6788ab\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c358ecd elementor-widget elementor-widget-text-editor\" data-id=\"c358ecd\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><strong>Company Service Providers (CSP)<\/strong><\/p><p>Persons providing any of the undermentioned services need to apply for registration with the Registrar of Companies under Section 164 or Section 167A of the Companies Act.<\/p><ul><li>Forming or registering companies or other legal persons.<\/li><li>Acting as (or arranging for another person to act as) a director, secretary, or partner.<\/li><li>Providing a registered office, business address, or correspondence address.<\/li><li>Acting as (or arranging for another person to act as) a nominee shareholder.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ca94e5f e-con-full e-flex e-con e-child\" data-id=\"ca94e5f\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-22fbd78 elementor-widget elementor-widget-image\" data-id=\"22fbd78\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"800\" src=\"https:\/\/companies.govmu.org\/cbrd\/wp-content\/uploads\/2026\/02\/aml.png\" class=\"attachment-large size-large wp-image-4256\" alt=\"\" srcset=\"https:\/\/companies.govmu.org\/cbrd\/wp-content\/uploads\/2026\/02\/aml.png 1000w, https:\/\/companies.govmu.org\/cbrd\/wp-content\/uploads\/2026\/02\/aml-300x300.png 300w, https:\/\/companies.govmu.org\/cbrd\/wp-content\/uploads\/2026\/02\/aml-150x150.png 150w, https:\/\/companies.govmu.org\/cbrd\/wp-content\/uploads\/2026\/02\/aml-768x768.png 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-eef75cd e-flex e-con-boxed e-con e-parent\" data-id=\"eef75cd\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6c973c9 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"6c973c9\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1fbf772 elementor-widget elementor-widget-text-editor\" data-id=\"1fbf772\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><strong>The following documents will be required when submitting an application to act as CSP:<\/strong><\/p><p>Under Section 167A of the Companies Act<\/p><ul><li>Copy of NID<\/li><li>Evidence of qualification<\/li><li>Evidence of knowledge claimed<\/li><li>Evidence of experience<\/li><li>Copy of Passport for Non-Resident<\/li><li>Copy of Occupation permit<\/li><li>Certificate of Incorporation \/ Registration<\/li><li>Copy of Business Registration Card<\/li><li>A recent Certificate of Current Standing<\/li><li>Profile of the Board (<em>where applicable<\/em>)<\/li><li>Prescribed business activities<\/li><\/ul><div>\u00a0<\/div><p>Application form is available on: <a style=\"color: blue;\" href=\"\/cbrd\/downloadable-forms\/\"><strong>Downloadable Forms<\/strong><\/a><\/p><p><strong>Section 164 of the Companies Act:<\/strong><\/p><ul><li>Letter of application<\/li><li>CV of director\/member<\/li><li>Evidence of qualification for director\/member (S165 of COA)<\/li><li>Copy of BRN with activities as \u201cSecretarial Support Services\u201d<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-738a4e4 e-flex e-con-boxed e-con e-parent\" data-id=\"738a4e4\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e46a989 elementor-widget elementor-widget-n-accordion\" data-id=\"e46a989\" data-element_type=\"widget\" data-settings=\"{&quot;default_state&quot;:&quot;expanded&quot;,&quot;max_items_expended&quot;:&quot;one&quot;,&quot;n_accordion_animation_duration&quot;:{&quot;unit&quot;:&quot;ms&quot;,&quot;size&quot;:400,&quot;sizes&quot;:[]}}\" data-widget_type=\"nested-accordion.default\">\n\t\t\t\t\t\t\t<div class=\"e-n-accordion\" aria-label=\"Accordion. Open links with Enter or Space, close with Escape, and navigate with Arrow Keys\">\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-2390\" class=\"e-n-accordion-item\" open>\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"1\" tabindex=\"0\" aria-expanded=\"true\" aria-controls=\"e-n-accordion-item-2390\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> AML\/CFT Supervision  <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-2390\" class=\"elementor-element elementor-element-e1886b7 e-con-full e-flex e-con e-child\" data-id=\"e1886b7\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ff1a0a4 elementor-widget elementor-widget-text-editor\" data-id=\"ff1a0a4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The Registrar of Companies has an obligation to effectively supervise and monitor reporting persons (CSPs) using a risk-based approach.<\/p><p>Under Section 19H of the <strong>Financial Intelligence and the Anti-Money Laundering Act 2002<\/strong>, the ROC has been given the powers to effectively discharge its function. These include:<\/p><p>(a) issue guidelines for the purposes of combating money laundering activities and the financing of terrorism and proliferation activities;<\/p><p>(b) give directions to a member falling under its purview to ensure compliance with this Act and the United Nations (Financial Prohibitions, Arms Embargo and Travel Ban) Sanctions Act 2019, and any regulations made and guidelines issued under those Acts;<\/p><p>(c) require a member falling under its purview to submit a report on corrective measures it is taking to ensure compliance with this Act and the United Nations (Financial Prohibitions, Arms Embargo and Travel Ban) Sanctions Act 2019, and any regulations made and guidelines issued under those Acts, at such intervals as may be required by the regulatory body;<\/p><p>(d) with respect to a member falling under its purview, apply, subject to subsection (2), any or all of the following administrative sanctions :<\/p><p>(i) issue a private warning;<\/p><p>(ii)\u00a0 issue a public censure;<\/p><p>(iii) impose such administrative penalty as may be prescribed;<\/p><p>(iv) ban, where the regulatory body has licensed or authorised the member to conduct his business or profession, from conducting his profession or business for a period not exceeding 5 years;<\/p><p>(v) revoke or cancel a licence, an approval or an authorisation, as the case may be.<\/p><p><strong>CSPs are required to comply with all AML\/CFT related legislations such as :<\/strong><\/p><ul><li>Financial Intelligence and Anti Money Laundering Act 2002<\/li><li>Financial Intelligence and Anti Money Laundering Regulations 2018<\/li><li>United Nations (Financial Prohibitions, Arms Embargo and Travel Ban) Sanctions Act 2019<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-2391\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"2\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-2391\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Beneficial Ownership Transparency <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-2391\" class=\"elementor-element elementor-element-b3854d5 e-con-full e-flex e-con e-child\" data-id=\"b3854d5\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-179e5a8 elementor-widget elementor-widget-text-editor\" data-id=\"179e5a8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\tTransparency of <strong>Beneficial Ownership (BO)<\/strong> is a cornerstone of the CBRD\u2019s AML\/CFT framework.\nThe CBRD maintains the <strong>Central Beneficial Ownership Register<\/strong>, which contains information on the natural persons who ultimately own or control legal entities.\n\n\n<strong>Objectives of the BO Register:<\/strong>\n<ul>\n \t<li>Enhance <strong>corporate transparency and accountability<\/strong>.<\/li>\n \t<li>Prevent and detect misuse of corporate vehicles for illicit purposes.<\/li>\n \t<li>Facilitate <strong>timely access to accurate and verified BO information<\/strong> by competent authorities and law enforcement agencies.<\/li>\n<\/ul>\n<strong>Obligations of Legal Persons:<\/strong>\n<ul>\n \t<li>Disclose BO information in all cases including nominees <a style=\"color: blue;\" href=\"\/cbrd\/downloadable-forms\/\"><strong>(Downloadable Forms)<\/strong><\/a><\/li>\n<\/ul>\n<ul>\n \t<li>Maintain and file <strong>accurate, up-to-date, and adequate BO and basic information<\/strong> with the CBRD.<\/li>\n \t<li>Update information and other related details to BO <strong>within the prescribed timeframe<\/strong> when changes occur.<\/li>\n \t<li>Maintaining and updating basic information details when changes occur.<\/li>\n \t<li>Keeping of all records for a period of at least 7 years even when an entity is removed from the Register (S190 of CA01)<\/li>\n \t<li>Ensure compliance with relevant legal requirements under the <strong>Companies Act 2001, Limited Partnership Act 2011, Limited Liability Partnership Act 2016, Foundation Act 2012<\/strong> and the <strong>FIAMLA Regulations<\/strong>.<\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-2392\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"3\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-2392\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Education and Outreach <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-2392\" class=\"elementor-element elementor-element-2b5d398 e-con-full e-flex e-con e-child\" data-id=\"2b5d398\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-97e8242 elementor-widget elementor-widget-text-editor\" data-id=\"97e8242\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The CBRD organises monthly outreach sessions where relevant stakeholders are invited to participate.<\/p><p>This is achieved through:<\/p><ul><li>Training and awareness sessions for <strong>CSPs, directors, company secretaries and its stakeholders in general<\/strong><\/li><li>Dissemination of <strong>guidance notes, FAQs, and circulars<\/strong> on AML\/CFT compliance and beneficial ownership obligations.<\/li><li>Participation in <strong>national and international AML\/CFT initiatives<\/strong> to promote best practices.<\/li><\/ul><p>The CBRD\u00a0 has issued guidelines and practice directions on its website &#8211;\u00a0 <strong><a style=\"color: blue;\" href=\"\/cbrd\/practice-directions\/\">Practice Directions<\/a><\/strong><\/p><p>Through these efforts, the CBRD encourages a culture of <strong>proactive compliance and ethical corporate conduct.<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-2393\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"4\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-2393\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Non Profit Organisations <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-2393\" class=\"elementor-element elementor-element-68c31c6 e-con-full e-flex e-con e-child\" data-id=\"68c31c6\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e47ac0b elementor-widget elementor-widget-text-editor\" data-id=\"e47ac0b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>&#8220;The Financial Action Task Force (FATF) defines a Non-Profit Organisation (NPO) as a legal person, arrangement, or organization that primarily engages in raising or disbursing funds for charitable, religious, cultural, educational, social, or fraternal purposes, or for the &#8220;good works&#8221; of other types. This focus is specifically aimed at preventing the abuse of the sector for terrorist financing<em>.<\/em>\u201d\u00a0<\/p><p>Companies Limited by Guarantee and Charitable Foundations have been recognised as NPOs that meet FATF definition in the last NPO Risk Assessment in the year 2020. The CBRD conducts regular outreach sessions and monitoring activities for these NPOs to mitigate the risks on Terrorism Financing<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-2394\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"5\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-2394\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Resources and More Information <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-plus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H272V64c0-17.67-14.33-32-32-32h-32c-17.67 0-32 14.33-32 32v144H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h144v144c0 17.67 14.33 32 32 32h32c17.67 0 32-14.33 32-32V304h144c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-2394\" class=\"elementor-element elementor-element-df0bf80 e-con-full e-flex e-con e-child\" data-id=\"df0bf80\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5d5e2f1 elementor-widget elementor-widget-text-editor\" data-id=\"5d5e2f1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li>The Anti-Money Laundering and Combatting the Financing of Terrorism and Proliferation (Miscellaneous Provisions) Act 2024<strong> : <\/strong><strong><br \/><\/strong><a style=\"color: blue;\" href=\"https:\/\/mauritiusassembly.govmu.org\/mauritiusassembly\/wp-content\/uploads\/2024\/06\/bill0924.pdf\"><strong>https:\/\/mauritiusassembly.govmu.org\/mauritiusassembly\/wp-content\/uploads\/2024\/06\/bill0924.pdf<\/strong><\/a><\/li><li>National Risk Assessment Report 2025<strong> :<\/strong><a style=\"color: blue;\" href=\"https:\/\/financialservices.govmu.org\/Documents\/AnnualReport\/NRA_Public_Report.pdf\"><strong>https:\/\/financialservices.govmu.org\/Documents\/AnnualReport\/NRA_Public_Report.pdf<\/strong><\/a><\/li><\/ul><ul><li style=\"list-style-type: none;\"><ul><li>Legal Framework:<a style=\"color: blue;\" href=\"https:\/\/www.fiumauritius.org\/fiu\/?page_id=2296\"><strong>The FIAML Act 2002 and relevant regulations &#8211; <em>https:\/\/www.fiumauritius.org\/fiu\/?page_id=2296<\/em><\/strong><\/a><\/li><\/ul><\/li><\/ul><ul><li style=\"list-style-type: none;\"><ul><li>CBRD Guidance Notes:<a style=\"color: blue;\" href=\"https:\/\/www.fiumauritius.org\/fiu\/?page_id=2257\"> <strong>Specific guides and publications for CSPs &#8211; https:\/\/www.fiumauritius.org\/fiu\/?page_id=2257<\/strong><\/a><\/li><\/ul><\/li><\/ul><ul><li style=\"list-style-type: none;\"><ul><li>The FIU Mauritius:<a style=\"color: blue;\" href=\"https:\/\/www.fiumauritius.org\/fiu\/?page_id=2496\"> <strong>The Financial Intelligence Unit&#8217;s website for national guidelines and STR filing &#8211; https:\/\/www.fiumauritius.org\/fiu\/?page_id=2496<\/strong><\/a><\/li><\/ul><\/li><\/ul><ul><li style=\"list-style-type: none;\"><ul><li>Sanctions Lists: <a style=\"color: blue;\" href=\"https:\/\/www.fiumauritius.org\/fiu\/?page_id=931\"><strong>The guidance on national and international sanctions lists &#8211; https:\/\/www.fiumauritius.org\/fiu\/?page_id=931<\/strong><\/a><\/li><\/ul><\/li><\/ul><ul><li><strong><a style=\"color: blue;\" href=\"\/cbrd\/faqs-2\/\">FAQs<\/a><\/strong><\/li><li>Contact Us: <strong>Email Address<\/strong>: roc-amlcft@govmu.org, <strong>Phone No<\/strong>.: 202 0615\u00a0<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Anti-Money Laundering and Countering the Financing of Terrorism (AML\/CFT) The aim of the AML\/CFT Unit of the \u00a0Corporate and Business Registration Department is to: Promote compliance with AML\/CFT obligations among CSPs and other regulated entities. Prevent the misuse of legal persons and arrangements for money laundering, terrorist financing, or proliferation financing. Strengthen transparency of ownership [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"wf_page_folders":[],"class_list":["post-3886","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/companies.govmu.org\/cbrd\/wp-json\/wp\/v2\/pages\/3886","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/companies.govmu.org\/cbrd\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/companies.govmu.org\/cbrd\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/companies.govmu.org\/cbrd\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/companies.govmu.org\/cbrd\/wp-json\/wp\/v2\/comments?post=3886"}],"version-history":[{"count":85,"href":"https:\/\/companies.govmu.org\/cbrd\/wp-json\/wp\/v2\/pages\/3886\/revisions"}],"predecessor-version":[{"id":4921,"href":"https:\/\/companies.govmu.org\/cbrd\/wp-json\/wp\/v2\/pages\/3886\/revisions\/4921"}],"wp:attachment":[{"href":"https:\/\/companies.govmu.org\/cbrd\/wp-json\/wp\/v2\/media?parent=3886"}],"wp:term":[{"taxonomy":"wf_page_folders","embeddable":true,"href":"https:\/\/companies.govmu.org\/cbrd\/wp-json\/wp\/v2\/wf_page_folders?post=3886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}