The formation of the FCC reflects a significant restructuring of Mauritius's approach to handling financial crimes, including corruption, money laundering, and fraud.
This new body integrates the responsibilities of the defunct agencies to ensure a more coordinated and effective enforcement of anti-corruption and financial crime laws.
It also introduces new powers and techniques for investigating and prosecuting these crimes, such as enhanced surveillance capabilities and the authority to request financial information from institutions under judicial oversight.
The creation of the FCC is part of a broader legislative framework that repeals and replaces older laws, streamlining and strengthening the legal basis for fighting financial crimes in Mauritius.
A board member of the ICAC, handed in her resignation, claiming that the institution was in the process of going against the country's democratic principles, apparently implying that the commission was not acting independently.