Regulatory Alerts2022-01-01
Financial Services (Global Shared Services) Rules 2022
The Financial Services Commission of Mauritius issued these Rules to license domestic entities providing Global Shared Services to related overseas financial firms. The framework mandates local operations, resident boards, proportional staffing and expenditure, dedicated infrastructure, robust risk management, professional indemnity insurance, and restricted activity scopes. Existing providers must apply for licences within six months of the 3 January 2023 commencement date.
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