Africa-Press – Mauritius. A series of training Initiatives spearheaded by Mauritius Finance in collaboration with internationally recognised training partners including the Chartered Institute for Securities & Investment (CISI) and CLT International (CLTI), were launched, this evening, during a ceremony held at the Hennessy Park Hotel, in Ebène.
The Minister of Financial Services and Good Governance, Mr Mahen Kumar Seeruttun, the British High Commissioner to Mauritius, Mrs Charlotte Pierre, and other eminent personalities were present.
In his address, Minister Seeruttun commended Mauritius Finance for its initiative which he qualified as an enduring skills journey. This will bring foreign expertise to Mauritius to transfer knowledge to our youth, he added.
Furthermore, he recalled that our Financial Services sector is one of the key pillars of the Mauritian economy accounting for around 13 % of GDP and employs about 15,000 people.
He emphasised that in our pursuit of financial sector resilience, we need to have the best of talent on our side adding that education remains key to be able to compete in this arena.
He highlighted that Mauritius can successfully compete as an International Financial Centre of repute if the people are ever ready and future ready to serve our clients and markets.
He affirmed that the greatest national asset is people and stressed that raising the quality and capacity of human capital drives the policy initiatives of Government.
In addition, Mr Seeruttun recalled that Government is expecting the visit of FATF assessors this coming week and expressed hope that Mauritius passes the effectiveness and enforcement tests and exit the list before time.
While underlining Government’s deep commitment and strong political will, he underpinned the significant progress made on the Capacity Building agenda that will demonstrate same to the FATF.
He informed that the Ministry has with the Financial Services Commission made provision for up to 1,000 professionals to be upskilled through various intensive training programmes, and for 4,000 professionals to be trained on Financial Crime matters.
Furthermore, the Minister expressed gratitude to the British Government which has been an important partner in the country’s economic and social development, in particular skills development and higher education.
As for the Chairperson of Mauritius Finance, Mr Mahesh Doorgakant, he underlined that the finance industry has seen growth and development since the past 30 years. We keep on requiring more resources and the need to train our people within international standards is felt, he said.
He also added that in order to service the foreign market, and as the sector continues towards its growth and specialisation journey, Mauritius Finance is bringing facilities such as training, education, and development to improve the local labour force.
In addition, he pointed out that Mauritius Finance has secured its status as a training institution with the Mauritius Qualifications Authority, and is keen to provide training at all levels with structured courses and internationally recognised qualifications.
He indicated that priority areas for the international partnership will revolve around three areas, namely: Compliance, fund administration and accounting, and corporate and trust administration.
The training programmes on offer include:
Mauritius Finance/CISI – AML/CFT assessment, integrity matters and Professional refresher modules
Mauritius Finance/CLTI – including certificate and advanced certificate in fund administration/accounting
Mauritius Finance/STEP – including certificate in Anti-Money Laundering and STEP CPD on Automatic Exchange of information
Mauritius Finance/ICA initiatives including ICA certificate of compliance, certificate in AML, and in crime prevention, amongst others. The training programmes are registered with the Human Resource Development Council.
