21 April 2010

Mauritius hosts 7th Corporate Registers Forum Annual Conference

Mauritius is hosting the 7th Corporate Registers Forum (CRF) annual conference 2010 on the theme ''The Integrity of Corporate Registers'', from 20 to 23 April at the Sugar Beach Hotel in Flic en Flac.

The theme has been inspired by the need for better governance of information for the benefit of users of company registries namely shareholders and other institutional investors. In the light of the recent financial crisis, which was partly attributed to regulatory failures, users of company information are demanding data that are trustworthy and have called for better enforcement of existing regulation.

The conference, with the participation of both local and international delegates, aims at providing an opportunity for members of the CRF to reflect on and share their experiences in the field of corporate registers, as well as acquire new ideas and knowledge. It will also serve as a platform to facilitate communication between registry professionals as regards latest developments in corporate registry management. Processes to prevent fraud in registers and innovative services in business registration are also on the agenda.

Mauritius is a Chartered member of the CRF and currently holds the Chair of the CRF executive committee through Mrs Prabha Chinien, the Registrar of Companies. CRF is an international non-profit organisation for administrators of Corporate and Securities Registers. Its objective is to provide delegates of member countries with an opportunity to review the latest developments in corporate business registers and to exchange experiences and information on the operation of the corporate business registration systems internationally.

It will be recalled that the first Corporate Registers Forum was inaugurated in Auckland in New Zealand in 2003 and thereafter the annual conferences have been held in Australia in 2005, in Hong Kong in 2006, in Malaysia in 2007, in Canada in 2008 and in South Africa in 2009.

Member countries of the CRF include Australia, New Zealand, Canada, Cook Islands, Fiji, Hong Kong, India, Malaysia, Samoa, Singapore, Tonga, South Africa, United Kingdom and Vanuatu. To date, 33 jurisdictions are members of the CRF.

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