(a) Under which circumstances can banking information on customers is disclosed and at same time not breaching the confidentiality clause of Banking Act.
(b) For a local regulator to accomplish the effective banking supervisory regime, it must embed some core principles. Clearly illustrate out these core principles and highlight the pre-conditions to accomplish an effective banking supervision.
Illustrate out and assess the framework which you would adopt to regulate and grade a bank to get element and composite ratings.
The first pillar of Basel II offers a range of options for determining the capital requirements for credit risk and operational risk to allow supervisors and banks to select approaches which are the most appropriate for their operations. Comment on the many approaches proposed in revised framework of Basel II.
Critically measure the requirements set under the anti-money laundering framework in Mauritius.
prepare concise notes on following terms:
a) Limitation on concentration of risk
b) Obligations of Lenders under Borrower’s Protection Act
c) Powers and functions of the Financial Services Commission
d) Banking Licensing criteria
e) Obligations of Borrowers under Borrower’s Protection Act