The restrictions imposed on locally incorporated banks, Business Law and Ethics

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QUESTION

(a) The new Guideline on Corporate Governance relates to the processes and structures that should be put in place in order to direct and manage the business and affairs of an institution with the objective of ensuring its safety and soundness while enhancing shareholder value. Critically assess this new Guideline and highlight any other legislation put in place to enhance good corporate governance in Mauritius

(b) Briefly highlight the restrictions imposed on locally incorporated banks in Mauritius for them to remain focused on their credit concentration risk


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