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This Corporate Governance Assessment has been completed as part of the joint World Bank-IMF program of Reports on the Observance of Standards and Codes (ROSC). It provides a benchmark against the relevant OECD principles of the state of corporate governance in Mauritius. This assessment was undertaken on the basis of the template and report prepared by Ernst & Young. Acknowledgements are due to the following stakeholders who participated in the diagnostic assessment: Ministry of Economic Development, Financial Services and Corporate Affairs, the Financial Services Commission, the Stock Exchange of Mauritius Limited, the Bank of Mauritius, the Joint Economic Council, the Registrar of Companies, capital market issuers, and leading experts on legal and other financial issues. Olivier Fremond and Warren Gorlick of the Corporate Governance Unit Private Sector Advisory Services of the World Bank drafted the final report. The ROSC assessment was cleared for publication by the Ministry of Economic Development, Financial Services and Corporate affairs on October 1, 2002.
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