A workshop organised by the FCC in collaboration with the Real Estate Agents Association
The Financial Crimes Commission (FCC), in collaboration with the Real Estate Agents Association (REAA) of Mauritius, held a Half-Day Workshop for real estate agents on 24 June 2026 under the theme “Building a Resilient Real Estate Sector through Financial Crimes Prevention.”
The workshop brought together 33 real estate professionals to discuss financial crime risks affecting the sector and help them better understand their obligations under the Financial Crimes Commission Act 2023. Participants actively engaged in discussions, shared practical experiences and explored ways to reinforce compliance and integrity across the industry.
In his address, the Director-General of the FCC, Mr. Titrudeo Dawoodarry, emphasised the importance of collective action, stating: “The real estate industry is a major contributor to the national economic growth. From 2006 to 2023, 47% of the FDI stock in Mauritius was in Real Estate activities, representing Rs 152 billion. A resilient real estate sector is built on vigilance, transparency and shared responsibility. Making sure that every transaction is fair, legal and honest is the foundation of a trusted market and is essential to the benefit of everyone involved..”
The President of the Real Estate Agents Association of Mauritius, Mr Mahendranath Poligadoo, welcomed the initiative, noting: “This workshop has provided valuable guidance for our members and demonstrates that partnership with the FCC is essential to protecting the credibility and reputation of the real estate profession.”
During the interactive discussions, participants raised concerns over the increasing risk of fraudulent property transactions involving forged documents. They also highlighted practical challenges in conducting effective customer due diligence and verifying the source of funds, particularly in complex transactions.
As a way forward, participants agreed to the development of an action plan to implement the key recommendations arising from the workshop. A joint sub-committee comprising representatives of the FCC and the REAA will also be established to oversee implementation, monitor progress and maintain regular consultation with members.
The FCC thanks all participants for their valuable contributions and reaffirms its commitment to promoting integrity, transparency and resilience within the real estate sector through continued engagement with industry stakeholders.