The Bank of Mauritius is the designated AML/CFT supervisory authority of financial institutions under its purview and is required to supervise financial institutions with respect to AML/CFT requirements. “Financial Institutions” regulated by the Bank of Mauritius include banks, non-bank deposit taking institutions, cash dealers, and money lenders licensed by the Bank of Mauritius under the Banking Act 2004 and any licencee under the National Payment Systems Act 2018.