Regulatory Alerts2020-01-01
Financial Services (Consolidated Licensing and Fees) (Amendment No. 2) Rules 2020
The Financial Services Commission of Mauritius amended the licensing framework for market infrastructure providers by updating fee schedules in the First Schedule to the principal rules. The revision replaces item SEC-1.3, setting a Rs 250,000 processing fee and a minimum Rs 500,000 fixed annual fee for securities trading systems while leaving variable fees to the Commission's discretion. These updated licensing and fee requirements officially take effect on 11 June 2020.
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