Regulatory Alerts2013-01-01
Financial Services (Consolidated Licensing and Fees) (Amendment) Rules 2013
The Financial Services Commission of Mauritius issued the 2013 Amendment Rules to update licensing and fee structures under the Financial Services Act 2007, Securities Act 2005, and Insurance Act 2005. The amendment modifies the principal 2008 Rules by adding two new financial service provider categories, Global Headquarters Administration and Global Treasury Activities, to the licensing schedule. These new categories are authorized under Section 14 of the Financial Services Act and take effect on 15 March 2013, establishing a standardized framework for their regulatory oversight and fee assessments.
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