Regulatory Alerts2014-01-01
FSC Mauritius Competency Standards (October 2014)
The Financial Services Commission of Mauritius has issued these Competency Standards to establish minimum technical competencies, qualifications, experience, and Continuous Professional Development requirements for licensees across the insurance, securities, and management sectors. The framework mandates that designated officers demonstrate competence through specified qualifications, relevant training, or industry experience, while maintaining at least ten hours of structured CPD annually. Licensees must retain detailed competency records for seven years and face regulatory directions or administrative sanctions for non-compliance.
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