Mauritian deputy governor outlines tighter corporate governance plans


The first deputy governor of the Bank of Mauritius, Yandraduth Googoolye, has discussed the need for tighter rules on corporate governance aimed at improving the "integrity, transparency and accountability" of domestic bank boards.

Speaking at a workshop on corporate governance on January 11, Googoolye said many bank boards had not been fully aware of the risks their bank had taken on when the financial crisis hit. Other problems included conflicts of interest, lack of independence, and weak

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