The Mauritius Advantage - International Banking - AfrAsia Bank Limited


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Mauritius at a Glance
The Mauritius Advantage
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The Mauritius Advantage

The attractiveness of Mauritius is consolidated by the fact that it enjoys a solid reputation as a well regulated centre. It also provides for guaranteed confidentiality for those engaged in legitimate business through express provisions and customary laws governing relationships between banks and customers and between professionals and clients. Some of the advantages are:

Availability of legal, accounting, finance professionals and highly credible banking institutions with global links.
Political stability guaranteed by a parliamentary democracy based on the Westminster model.
An efficiently regulated financial services center committed to investors framework modeled on the industry's "best practice rule" and compliant to internationally accepted norms of supervision.
A committed jurisdiction cooperative with such organizations as OECD (Organisation for Economic Co-operation and Development), FATF (Financial Action Task Force) and the UN which is an added attraction to businesses all over the globe engaged in cross-border investments and trading.
One of the unique elements that makes Mauritius a competitive investment location is the preferential market access to the EU (under the Cotonou Agreement), US (under the Africa Growth and Opportunity Act- AGOA) and Africa (under the Common Market for Eastern and Southern Africa - COMESA and under the Southern African Development Community - SADC).
Strategic time zone (GMT +4) - business can be transacted with the Far East in the morning, Europe around midday and with the US in the late afternoon.
A hybrid legal system based on English and French laws. The highest Court of Appeal is the Privy Council of the UK.
It is sovereign and independent.
Membership of the International Court of Justice, the International Center for the Settlement of Investment Disputes (ICSID) and the Multilateral Investment Guarantee Agency (MIGA).
Guaranteed confidentiality for those engaged in legitimate business through express statutory provisions and customary laws governing relationships between banks and customers and between professionals and clients.
Frequent air links to major European, African and Asian cities.
State-of-the art communication facilities such as digital, mobile and virtual telephony, ISDN, Internet access and video conferencing facilities. Connected to SAFE (South Africa Far East) fiber optic network.
Mauritius is signatory of the Africa Growth and Opportunity Act (AGOA), a trade agreement between the USA and sub-Saharan countries.
Mauritius has concluded a number of Investment Promotion and Protection Agreements (IPPAs).

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