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Opinion

24 August 2015

Bank of Mauritius’ ambitious ADF-XBRL project has started progressing at a rapid clip with Phase 3 returns being made available to banks. Of the 6 phases in BOM’s ADF-XBRL journey, only 4 are targeted at banks, while the remaining 2 would cover reporting by other entities, such as NBFCs. So in a sense, the regulator seems to have covered more than three fourths of the ground in terms of detailing what banks need to report on.

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