Regulatory Alerts2016-01-01
Financial Services (Consolidated Licensing and Fees) (Amendment No 2) Rules 2016
The Financial Services Commission of Mauritius issued these rules to amend the licensing and fee structure for financial service providers under the Financial Services Act 2007. The amendments update the First Schedule by introducing specific processing and fixed annual fees in both Mauritian Rupees and US dollars for new and existing license categories, including global legal advisory services, investment banking, and corporate finance advisory. These revised fee schedules apply to designated financial service providers and activities, taking effect upon publication in the Government Gazette on 24 September 2016.
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