ITX Services

💼 Exclusive Training: AML/CFT/CPF Compliance for Virtual Assets Service Providers

The FSC Mauritius is progressively issuing licences for applicants for VASP licences.

Virtual asset activities introduce distinct operational realities that fundamentally challenge traditional compliance strategies.

This session offers a rare opportunity to develop specialized knowledge in managing the unique non-traditional risks, which compel for new mitigation strategies.

Join us for an intensive, in-person training session designed specifically for Directors, compliance officers, MLROs, and regulatory advisors navigating the Mauritian digital asset ecosystem.

Key Focus Area:
We will deconstruct the 5 distinct VASP licenses issued by the FSC, mapping out the specific compliance strategies, risk assessment frameworks, and practical advisory techniques required for each individual license category.

📅 Date: 17 August 2026
⏰ Time: 09:30 – 16:30
📍 Location: Moka, Mauritius
🎓 CPD Credits: 7 CPD Points

⚠️ Note: Seats are strictly limited for this specialized session. This is a rare opportunity to acquire essential, technical know-how directly applicable to your role as a VASP compliance professional.

Secure your seat today:
🔗 https://www.itxs.ai/trainingprogrammes/compvasp

AML/CFT/CPF Compliance for Virtual Asset Service Providers — iTX Services 7 CPD Points • Delivered In-person Schedule for the programme: This full-day programme is scheduled for 17 August 2026, starting at 09.30 and ending at 16.30.

Are you noticing a disconnect between your risk appetite and how your CRA tool scores clients?

Overburdening your resources because of a faulty client risk assessment tool?

Contact iTX Compliance for a quote on a customised client risk assessment tool.

We will sit and work together with your team to design and deliver a tool that works for you – not something imposed on you.

Call us on (230) 215 3084 or email us at [email protected]
www.itxs.ai/services

📢 FSC Mauritius Issues New Guidelines on the Frequency of Customer Due Diligence Reviews

The Financial Services Commission ("FSC") has issued its Guidelines on Frequency of Customer Due Diligence, effective 8 June 2026, providing greater clarity on the periodic review requirements for existing clients under a risk-based approach.

Key review frequencies prescribed are:

🔹 High-Risk Clients – at least once every year
🔹 Medium-Risk Clients – at least once every 3 years
🔹 Low-Risk Clients – at least once every 4 years

The Guidelines also emphasise that Customer Due Diligence ("CDD") reviews should not be limited to periodic cycles. Reviews must also be undertaken upon the occurrence of trigger events, such as changes in ownership or management, jurisdictional risk changes, PEP involvement, adverse media findings, invalid identification data, or requests for higher-risk products.

These new Guidelines introduce more specific review frequencies and further reinforce the importance of maintaining up-to-date CDD and beneficial ownership information throughout the customer lifecycle.

Compliance is not only about scheduled reviews. With increased regulatory focus on ongoing monitoring, financial institutions must ensure that their AML/CFT frameworks are agile enough to detect risk indicators as they emerge and respond swiftly to changes in customer behaviour and risk exposure.

💡 Do you intend to address these changes to your organisation's regulatory framework or conduct an enhanced assessment on your relevant clients? Navigating these structural updates requires precision, and iTX Compliance provides the necessary guidance for this transition.

For specialised advisory services regarding these complex regulatory matters, we invite you to contact us at [email protected] to arrange a formal consultation. Supported by our independent team of compliance professionals, iTX Compliance provides the necessary guidance to refine and implement your mitigation strategy.

Visit www.itxs.ai for further information.

Transaction monitoring can require significant resources – rope in iTX Compliance with a clear purpose and deadline every month so you stay on top of alerts, reviews, and documentation.

We can help you structure the process, support your team, and provide advisory input on complex or unexpected transactions when needed.

For stable support with transaction monitoring and advisory opinions, call us on (230) 215 3084 or email [email protected]
www.itxs.ai/services

💬 Regulatory Certainty where it really matters

The new FSC Guidelines on CDD Frequency (for Mauritius)

The FSC has issued new guidelines establishing clear expectations for the frequency of Customer Due Diligence.

👏 This new guideline strongly supports the latest interpretive guidance by the Financial Action Task Force with respect to the Risk Based Approach (Recommendation 1).

🏆 'Proportionality'

For the non-banking financial sector, this step will be most welcome.

Certainty in regulatory expectations eliminates guessing, reinforces confidence in the benchmarks we aim for and allows compliance teams to judiciously use their resources and energy where it truly matters.

We believe the key takeaways for licensees are:

🔹 Clear differentiation between risk tiers for documentation updates.
🔹 Strong emphasis on dynamic "trigger events" to prompt off-cycle reviews.
🔹 A focus on data accuracy and system-driven monitoring.

As AML/CFT Auditors, we appreciate this proactive approach and guidance published by the Financial Services Commission, Mauritius.

We expect licensees of the FSC to positively adapt to these recommended practices, shifting from static, periodic reviews to continuous compliance.

🗨️ In a hurry to adapt ahead of your next Board meeting?

👍 At iTX Compliance, we will be happy to assist you in the review process to adapt to your sector and balance the risks relevant to your business operations.

Read more:https://www.fscmauritius.org/media/ndycko0f/guidelines_frequency-of-cdd.pdf

Naushad Khadun

www.fscmauritius.org

Reach out to iTX Compliance for a quote and have your next AML/CFT audit signed off by Mr Naushad Khadun, an Audit Lead with profound regulatory and compliance experience.

We provide an independent review of your framework and a detailed report that balances depth, practicality, and value, helping you clearly see where you shine and also what needs to improve.

For risk and compliance support, call us on (230) 215 3084 or email us at [email protected]
www.itxs.ai/services

Another successful AML/CFT training session completed today! 👏

A big thank you to all participants for their active engagement and contribution throughout the session. It was a pleasure sharing insights, practical knowledge, and best practices in compliance and financial crime prevention.

📅 Missed this session? Join our next In-Person Comprehensive AML/CFT Training scheduled for 29 & 30 June 2026.

Secure your seat now by registering through the link below:
https://www.itxs.ai/trainingprogrammes/comprehensiveamlcftinperson

Advance Your Compliance Expertise with Our 10-Hour Training. (10 CPD points)

Designed for Business Leaders and Compliance Specialists, this advanced-level training provides practical insights into AML/CFT compliance and regulatory expectations while helping you stay aligned with current regulatory requirements.

Join our live online session, allowing you to gain valuable knowledge and interact with the trainer from the comfort of your office or home.

✅ MQA Approved Course

Upcoming Session – Online Training
🗓️ 05 & 06 August 2026
⏰ Time: 09:30 – 15:00 (Mauritius/Dubai Time)
💰 Fee: Rs 17,000

Register here: https://www.itxs.ai/trainingprogrammes/comprehensiveamlcftonline

Trainer: Mr. Naushad Khadun
Certified Anti-Money Laundering Specialist and former professional at the Financial Services Commission, now sharing his expertise with iTX Services participants.

(230) 215 3084
[email protected]
🌐www.itxs.ai

AML/CFT for Compliance Specialists and Business Leaders [Online session] — iTX Services 10 CPD Points • Delivered Online Schedule for the programme: Day 1 of the Programme is scheduled for 01 June 2026, starting at 09.30 and ending at 15.00. Day 2 of the Programme is scheduled for 02 June 2026, starting at 09.30 and ending at 15.00. (All times Dubai/Mauritius)

Time to conduct an enhanced assessment or internal investigation? Or just looking for reliable screening solutions?

iTX Compliance can support you with a fact-based report with an independent advisory opinion to guide your decisions and documentation.

Get in touch for a quote by calling us on (230) 215 3084 or by emailing at [email protected]
www.itxs.ai/services

At iTX Services we are delighted to collaborate with the Compliance team at ER Group for their upcoming AML/CFT/CPF training.

If you are a Director or Compliance Professional, join us on 12 June for a dedicated session focused on practical strategies and the most recent changes in AML/CFT/CPF legislation.

A representative from the Office of the Director of the Public Prosecution will also be present as guest speaker to compliment the line-up of speakers.

We look forward to welcoming you and your teams.

👇 Registration details mentioned in the post down below.

#amlcompliance #cft #financialcrime #compliancemauritius #cpd #mqa #rccompliance #mlrotraining #regulatorytraining #mauritius | Rogers Capital Is your AML/CFT knowledge keeping pace with today's regulatory landscape? Financial crime is evolving - and so are the obligations of every compliance professional and business leader operating in Mauritius. This 12 June, Rogers Capital - Compliance, in collaboration with ITX Services, is bringing t...