Regulatory Alerts2014-01-01
Securities (Brokerage Fee for Government of Mauritius Securities and Bank of Mauritius Securities) (Amendment) Rules 2014
The Financial Services Commission of Mauritius has amended the brokerage fee schedule for transactions involving Government of Mauritius and Bank of Mauritius securities. The revised schedule establishes tiered total brokerage fees ranging from 100 to 2,500 Mauritian rupees based on transaction values up to 20 million rupees, distinguishing between designated Investment Dealers and other market participants. These amended rules commenced on 25 August 2014, directly standardizing transaction cost calculations under the principal 2011 framework.
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