Regulatory Alerts2016-01-01
Guidelines for Advertising and Marketing of Financial Products
The Financial Services Commission of Mauritius has issued guidelines regulating the advertising and marketing of non-banking financial products to protect consumers and uphold professional standards. The regulations require promoters to ensure all promotional materials are fair, clear, complete, and accurately balance benefits with risks, while mandating pre-submission of advertisements at least seven business days before public dissemination. Furthermore, the guidelines establish specific conduct standards for internet and direct marketing communications, enforce strict disclosure of fees, costs, and performance data, and empower the Commission to impose regulatory sanctions on non-compliant promoters.
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