Regulatory Alerts2007-01-01
Securities (Licensing) Rules 2007
The Financial Services Commission of Mauritius promulgated these rules to establish comprehensive licensing frameworks for securities exchanges, investment dealers, advisers, and their representatives under the Securities Act 2005. The regulations define distinct licence categories, mandate minimum unimpaired capital thresholds, and prescribe specific qualification and experience requirements for representatives. Additionally, they outline application procedures, organizational and anti-money laundering standards, and conditions for licence modification or exemption.
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