Seminar – Update on International Finance and Banking: Implications for Mauritius.

Juristconsult Chambers and DLA Piper have jointly organised a seminar on the theme: “Update on International Finance and Banking: Implications for Mauritius” on 23 March 2015 at the Hennessy Park Hotel, Ebène.

Dr. Martin Navias, Counsel (Finance & Projects Knowledge Management) at the DLA Piper London office, conducted the seminar with a first session on recent regulatory changes affecting the Banking and Finance sector. This session focussed particularly on the implications of the FATCA legislation worldwide and the trend towards the standardisation of legal documents in international transactions, with particular focus on investments in Africa.

As investments cannot take place without taking into consideration the political risks which may impact on such investments, the second session elaborated on contractual strategies employed to manage those risks. In addition to these strategies, bilateral investment treaties, as a tool to manage political risks has equally been analysed with the collaboration of the members of Juristconsult Chambers. After the sessions, the audience have had the opportunity to debate over important points raised by the speakers during their presentations.

Were present at this seminar: the First Deputy Governor of the Bank of Mauritius – Mr. Y. Googoolye, the CEO of the Mauritius Bankers Association – Mrs Aisha Timol, the CEO of the Financial Services Commission – Mrs Clairette Ah-Hen, as well as CEOs and senior officers of banks, financial services providers and private sector firms.

It should be noted that training workshops have also been organised over several days by Dr. Martin Navias for the members and friends of Juristconsult Chambers. A special training session was also held for the senior executives of the Financial Services Commission at the FSC House, Ebène.