Section 19B: Functions of National Committee

19B. Functions of National Committee The National Committee shall— (a) assess the effectiveness of policies and measures to combat money laundering and the financing of terrorism; (b) make recommendations to the Minister for legislative, regulatory and policy reforms in respect of anti-money laundering and combating the financing of terrorism; (c) promote coordination among FIU, investigatory authorities, supervisory authorities and other institutions with a view to improving the effectiveness of existing policies to combat money laundering and the financing of terrorism; (d) formulate policies to protect the international reputation of Mauritius with regard to anti-money laundering and combating the financing of terrorism; (e) generally advise the Minister in relation to such matters, relating to anti-money laundering and combating the financing of terrorism, as the Minister may refer to the National Committee. [S. 19B inserted by s. 3 (h) of Act 34 w.e.f. 27 September 2003.]