Regulatory Alerts2014-01-01
Financial Services (Consolidated Licensing and Fees) (Amendment) Rules 2014
The Financial Services Commission of Mauritius has amended its consolidated licensing framework to update fee structures for pension scheme administrators. The revised schedule establishes a standard processing fee of Rs 30,000 and introduces variable annual fees ranging from Rs 10,000 to Rs 20,000 based on beneficiary counts. Deemed effective from 1 July 2014, these amendments operate under the Financial Services Act 2007 to standardize licensing costs across authorized financial service providers.
Share