Global Finance Official Website

HSBC Mauritius joins the Instant Payment System “supporting the Government drive towards digital economy”

HSBC Mauritius joins the Instant Payment System “supporting the Government drive towards digital economy” Launched in August 2019 by the Bank of Mauritius, the Instant Payment System (“IPS”) is designed to enable customers to effect transfers between any two accounts across institutions in real time, on a 24/7 basis. Presently, HSBC is able to accept […]

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Mauritius to strengthen vigilance to safeguard its financial hub against illicit purposes

Mauritius to strengthen vigilance to safeguard its financial hub against illicit purposes It is the responsibility of one and all from policy makers to regulators and operators to step up vigilance and strengthen measures against those who seek to use our financial hub for illicit purposes in the face of ongoing challenges of Anti-Money Laundering […]

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Global business: Get off the blacklist by the end of 2020

Global business: Get off the blacklist by the end of 2020 The government is working “very hard” to get Mauritius off the European Union’s blacklist. Last Thursday, a videoconference brought together the French authorities and the Mauritian technical teams with a view to making every effort to ensure that Mauritius is finally “fully compliant” . […]

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These 4 charts show the crisis faced by airlines – and the possible way ahead

– COVID-19 has grounded airlines all over the world. These four charts show the industry’s main challenges now and in the near future. – Quarantines, economic recession and health fears are likely to continue to weigh on passenger numbers. – Record losses have already forced governments to step in – but continued support may be […]

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ITIC and WTM Press Release

COVID-19 proves tourism’s vital role in the world economy and Governments must work together to get people travelling again Global travel leaders come together for mammoth five-hour virtual conference hosted by WTM London and ITIC The COVID-19 global pandemic has underlined the vital role travel and tourism play in the world economy, a distinguished panel […]

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