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Act No. 3 of 2026

New law

What Act No. 3 of 2026 means for you

The Anti-Money Laundering, Countering the Financing of Terrorism and Countering Proliferation Financing (Miscellaneous Provisions) Act 2026 was assented to on 17 April 2026 and gazetted on 18 April 2026. It does not add new professions to the four covered below. It deepens duties, gives regulators sharper powers and widens the real estate entry. Most of the changes apply to every reporting person, including banks, insurers and management companies.

Choose your profession

This summary is for information only and was prepared from the text of the Act. It is not legal advice. Check when each provision takes effect and take advice from a Mauritius lawyer before you rely on it.

Six things that change

A suspicious transaction can be frozen
The Financial Intelligence Unit can order it suspended for up to 72 hours (120 if the deadline falls over a weekend or public holiday), and a Judge can extend the order. You must give extra information within 24 hours and must not tell anyone the order exists. (FIAMLA s10A, new)
Existing customers count
Due diligence applies to every customer with whom you have a business relationship. The old wording covered only customers who existed on 9 August 2018. (FIAMLA s17E)
A wider beneficial owner test
It covers anyone with ultimate effective control and, for trusts, the settlor, trustee, protector, beneficiaries and others in control. Where no owner can be identified, you identify and verify the senior managing official. (FIAMLA s17E(3))
Trustees must disclose
A trustee must give you beneficial ownership information about the trust and its assets when you ask. (Trusts Act s33(1A))
Proliferation financing
It is added to risk assessments, controls and due diligence, and can be handled within your existing sanctions screening or compliance programme. (FIAMLA ss17, 17A)
Information orders
A Judge must order customer or account information from a member of a relevant profession where it is material to an investigation. (Financial Crimes Commission Act s63)