Regulatory Alerts2015-01-01
Code of Business Conduct (October 2015)
The Financial Services Commission of Mauritius issued this Code of Business Conduct to mandate nine guiding principles that require all financial services licensees to uphold sound business practices and safeguard consumer interests. The framework obligates licensees to implement risk-aligned processes, segregate client assets, manage conflicts of interest, maintain adequate financial resources, and retain inspection-ready compliance records. Effective January 1, 2016, failure to adhere to these standards exposes licensees to regulatory enforcement while enabling the Commission and industry bodies to issue supplementary guidance.
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