Regulatory Alerts2013-01-01
Securities (Brokerage Fees for Debentures) Rules 2013
The Financial Services Commission of Mauritius established these rules to regulate brokerage fees charged by investment dealers for debenture transactions on securities exchanges. Dealers must charge fair, cost-reflective fees, publish maximum rates online according to a prescribed schedule, and remit Commission levies of 0.0025 percent or MUR two based on transaction value. The Commission retains the authority to mandate downward fee revisions if current rates are deemed abusive.
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