Regulatory Alerts2013-01-01
Securities (Licensing) (Amendment) Rules 2013
The Financial Services Commission of Mauritius issued the Securities (Licensing) (Amendment) Rules 2013 to amend the principal licensing framework by introducing a new Rule 10A. This amendment mandates that all securities transactions involving Mauritian-listed entities must be executed through licensed investment dealers, who are further required to verify compliance with statutory restrictions and identify foreign investors. The rules commenced operation on 1 April 2013 to enforce these obligations across the securities exchange.
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