Regulatory Alerts2013-01-01
Private Pension Schemes (Governance) (Amendment) Rules 2013
The Financial Services Commission of Mauritius issued these rules to amend the governance framework for private pension schemes under the Private Pension Schemes Act 2012. The amendments establish a statutory definition for "service provider" and replace existing governing body appointment provisions, permitting service providers promoting such schemes to appoint any number of members in compliance with the Financial Services Act 2007 and scheme constitutive documents. These rules commenced on 21 December 2013 to enhance regulatory alignment and operational flexibility for private pension schemes.
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