A ceremony was held at Absa House in Ebene on Wednesday 19 October in the presence of the Managing Director of Absa Maurice, Mr. Ravin Dajee, the Data Protection Commissioner, Ms. Drudeisha Madhub, as well as many bank staff. This certification represents a unprecedented progress in the banking sector because it attests to the total adherence of Absa Maurice to the laws which govern data protection in Mauritius.
The fact that a banking institution collects a substantial amount of confidential data every day makes such certification essential. This reassures customers and partners that Absa Mauritius is a responsible bank, which guarantees them peace of mind, as well as increased security regarding their transactions financial. “The basis of the operation of a bank is trust. This element is all the more essential today because we live and work more and more in the digital age, a number growing number of our customers choosing digital rather than physical operations. This Certificate of Compliance confirms that all the control mechanisms we have established, as well as our working method, are efficient and robust, creating the right conditions for the customer to perform each of his banking transactions in complete peace of mind, being reassured that their personal data remains confidential”, underlined Mr. Ravin Dajee, Managing Director of Absa Mauritius.
“The granting of this Certificate of Compliance comes after a year of close and assiduous collaboration between the Data Protection Office and Absa Maurice, with a view to ensuring that the bank complies with all relevant regulations, matters of data protection. This first in the banking landscape will serve as a lever to establish increase the credibility of Absa Maurice with its customers and the general public, being synonymous with a pledge confidence in each banking transaction that will be carried out. It should be added that Absa Maurice is not only the first bank to hold this certification, but also becomes the very first organization to benefit in Mauritius”, according to Ms. Drudeisha Madhub, Data Protection Commissioner.
Obtaining this Certificate of Compliance comes after a rigorous evaluation of more than 100 aspects concerning the protection and security of personal information. human rights concerned, the conservation and security of data processing are among the aspects that have all been made testing to ensure compliance with data protection law requirements. By meaning his intention to obtain this recognition in 2021, Absa Maurice embarked on a process which required the involvement of each employee.
Each department had to ensure compliance with the legal framework Absa Bank (Mauritius) Limited (registered number C10068913).
Absa Bank (Mauritius) Limited is regulated by the Bank of Mauritius and the Financial Services Commission, governing data protection. Raising employee awareness was also at the center of the considerations as it was all about understanding the implications and requirements of the Certificate of Compliance, as well as becoming aware of everyone’s rights in such a framework. This certification relating to data protection highlights an issue that is now essential for the proper functioning of any organization, especially in the era of digitalization of products and services. In addition to benefiting the Bank on several levels, it positions Absa Maurice as a contributor greatly to the strength of the international financial center of Mauritius, particularly in terms of compliance regulatory.
