Financial Services (Consolidated Licensing and Fees) (Amendment No 4) Rules 2020

OliImac2 / Govt Notices 2020 / FSC / The Financial Services (Consolidated Licensing and Fees) (Amend No. 4) Rules 2020 2 Proof - 28.10.2020 Government Notice No. 266 of 2020 FINANCIAL SERVICES ACT FSC Rules made by the Financial Services Commission under section 93 of the Financial Services Act 2007

1. Citation These Rules may be cited as the Financial Services (Consolidated Licensing and Fees) (Amendment No. 4) Rules 2020.
2. Interpretation In these Rules – “principal rules” means the Financial Services (Consolidated Licensing and Fees) Rules 2008.
3. Third Schedule of the Principle rules amended The Third Schedule to the principal rules is deleted and replaced with the Schedule to these Rules.
4. Commencement These Rules shall come into operation on 1 November 2020. Made by the Financial Services Commission on 24 October

876 Government Notices 2020

OliImac2 / Govt Notices 2020 / FSC / The Financial Services (Consolidated Licensing and Fees) (Amend No. 4) Rules 2020 2 Proof - 28.10.2020 Government Notices 2020 877 SCHEDULE (Rule 3) Third Schedule (Rules 2, 6 and 7) PERSONAL QUESTIONNAIRE Section 1: Applicant

1. Name of Applicant1 : Section 2: Personal Details
2. Full Name of Respondent2 : Title (Mr. /Mrs. /Ms., etc.): Surname: Forename: Maiden name (if applicable): Other name(s) or aliases used (if any):
3. Capacity in which the Respondent is completing this questionnaire:
4. Previous name(s) by which you have been known (if any):
5. Date of Birth (dd/mm/yyyy):
6. Place of birth: Town State Country
7. Nationality, and how it was acquired (e.g. Birth, Naturalisation, Marriage): (If you hold more than one Nationality, please provide details for all Nationalities currently or previously held)
8. Passport/ Identity Card Number 1  Applicant means the Company that has applied to the FSC for a Licence and in whose name (if the application is successful) the Licence will be issued. “Applicant” should not be interpreted to mean “Promoter” (the original shareholder) or an existing Management Company (which is merely an agent of the Applicant) who may submit the application on behalf of the Applicant. 2  Respondent means the person submitting the Personal Questionnaire to the FSC in connection with the Applicant or Licensee.

OliImac2 / Govt Notices 2020 / FSC / The Financial Services (Consolidated Licensing and Fees) (Amend No. 4) Rules 2020 2 Proof - 28.10.2020 878 Government Notices 2020 9. Current residential address (with relevant dates): Address Line 1 (Street Address): Address Line 2 (Apartment, suite, unit, building, floor, etc.): City: State/Province/Region: Zip/Postal: Country: Dates at this Address: (mm/yyyy) From  To 10. Previous residential addresses during the last ten years (with relevant dates): Previous address 1. Address Line 1 (Street Address): Address Line 2 (Apartment, suite, unit, building, floor, etc.): City: State/Province/Region: Zip/Postal: Country: Dates at this Address: (mm/yyyy) From  To Previous residential address 2: Address Line 1 (Street Address): Address Line 2 (Apartment, suite, unit, building, floor, etc.): City: State/Province/Region: Zip/Postal: Country: Dates at this Address: (mm/yyyy) From  To Previous residential address 3: Address Line 1 (Street Address): Address Line 2 (Apartment, suite, unit, building, floor, etc.): City: State/Province/Region: Zip/Postal: Country: Dates at this Address: (mm/yyyy) From  To Previous residential address 4: Address Line 1 (Street Address): Address Line 2 (Apartment, suite, unit, building, floor, etc.): City: State/Province/Region: Zip/Postal: Country: Dates at this Address: (mm/yyyy) From  To

OliImac2 / Govt Notices 2020 / FSC / The Financial Services (Consolidated Licensing and Fees) (Amend No. 4) Rules 2020 2 Proof - 28.10.2020 Government Notices 2020 879 Previous residential address 5: Address Line 1 (Street Address): Address Line 2 (Apartment, suite, unit, building, floor, etc.): City: State/Province/Region: Zip/Postal: Country: Dates at this Address: (mm/yyyy) From  To 11. Are you currently, or were you previously approved/ authorised (within the last 10 years) by any other Regulatory Body?  Yes  No If yes, please provide details below: Name of Regulator Country Position Held Name of Corporation Date Approved (MM/YY) Date Approval Cease (MM/YY) 12. Do you have any pending applications with any other foreign Financial Services Regulator?  Yes  No If yes, please provide full details, including Name of Regulator, Country and Nature of Application 13. Please provide the name and address of your main bank at which you hold a principal bank account and confirm how long you have been a customer of that bank. Name: Address: Date of account opening: Section 3: Professional Qualifications 14. Current Associateship, Membership or Fellowship (A, M or F) of professional bodies and year of admission. A/M/F Admitted (Yr) Professional Body Country

OliImac2 / Govt Notices 2020 / FSC / The Financial Services (Consolidated Licensing and Fees) (Amend No. 4) Rules 2020 2 Proof - 28.10.2020 880 Government Notices 2020 Section 4: Academic Qualifications 15. Do you hold any academic qualifications (e.g. BA, LLB, MBA, PhD)?  Yes  No If Yes, specify the following in each case: Qualification Name of Institution Address of Institution Year Obtained Section 5: Career History Begin with your current occupation or employment and please give full details of all occupations and employment during the last ten years, leaving no period unaccounted for. Continue on a separate signed sheet if necessary. Please justify any gaps in your employment history. 16. Current Occupation: Address Line 1 (Street Address): Address Line 2 (Apartment, suite, unit, building, floor, etc.): City: State/Province/Region: Zip/Postal: Country: Date of employment:(mm/yyyy): From To Position held: Nature of business: Employment reference details: Name : Position: Contact: Email: Previous Occupation 1: Address Line 1 (Street Address): Address Line 2 (Apartment, suite, unit, building, floor, etc.): City: State/Province/Region: Zip/Postal: Country: Date of employment:(mm/yyyy): From To

Government Notices 2020 881 OliImac2 / Govt Notices 2020 / FSC / The Financial Services (Consolidated Licensing and Fees) (Amend No. 4) Rules 2020 1 Proof - 25.10.2020 Position held: Nature of business: Employment reference details: Name: Position: Contact: Email: Previous Occupation 2: Address Line 1 (Street Address) : Address Line 2 (Apartment, suite, unit, building, floor, etc.) : City: State/Province/Region: Zip/Postal: Country: Date of employment:(mm/yyyy): From To Position held: Nature of business: Employment reference details: Name: Position: Contact: Email: Previous Occupation 3: Address Line 1 (Street Address): Address Line 2 (Apartment, suite, unit, building, floor, etc.): City: State/Province/Region: Zip/Postal: Country: Date of employment:(mm/yyyy): From To Position held: Nature of business: Employment reference details: Name: Position: Contact: Email:

OliImac2 / Govt Notices 2020 / FSC / The Financial Services (Consolidated Licensing and Fees) (Amend No. 4) Rules 2020 2 Proof - 28.10.2020 882 Government Notices 2020 OliImac2 / Govt Notices 2020 / FSC / The Financial Services (Consolidated Licensing and Fees) (Amend No. 4) Rules 2020 1 Proof - 25.10.2020 Section 6: Fitness and Propriety 17. Please state any position you have held in any corporation1 (during the last ten years). Name of corporation Post Current (C)/ Previous (P) Country of incorporation/ licence/authorisation/ approval/registration At any time, have you been involved with an application for regulatory approval in any jurisdiction where that application has been refused or withdrawn? YES/NO (Please delete as appropriate). If yes, please give full particulars. 18. Are you, through any previous or current occupation, employment, position or otherwise, precluded in any way from carrying on (fully or partially) the services which the corporation (identified in 18 above) offers? YES/NO (Please delete as appropriate). If yes, please give full particulars. 19. Have you or any corporation in which you are or have been associated with at any time, been convicted of any offence including spent matters by any Court in any jurisdiction? If so, give full particulars of the Court by which you were convicted, the offence and the penalty imposed and the date of conviction. (Road Traffic offences should not be listed). YES/NO (Please delete as appropriate). If yes, please give full particulars. 20. Have you, or any corporation with which you are or have been associated2 : (a) been the subject of any punitive action; (b)   been refused a licence or equivalent authorisation to carry on a business activity; (c)   have had a licence or equivalent authorisation to carry on a business activity revoked; (d)   been censured, disciplined or publicly criticised or adversely commented upon and (e)   is, or has been the subject of any investigation and/or enquiry by any professional body or any public body or any Regulatory Authority? YES/NO (Please delete as appropriate). If yes, please give full particulars. 3 Includes, where specified in FSC Rules, any trust, société, partnership or any other body of persons. 4 Associated in this form means associated as a director, secretary, controller, officer, as a senior member of staff or a controlling shareholder.

OliImac2 / Govt Notices 2020 / FSC / The Financial Services (Consolidated Licensing and Fees) (Amend No. 4) Rules 2020 2 Proof - 28.10.2020 Government Notices 2020 883 21. Have you ever been adjudicated bankrupt by any Court or entered into a compromise or arrangement with creditors? YES/NO (Please delete as appropriate). If yes, please give full particulars. 22. Have you ever failed to satisfy any debt adjudged due and payable by you as a judgment-debtor under an order of a court in any jurisdiction? YES/NO (Please delete as appropriate). If yes, please give full particulars. 23. Has any corporation with which you have been associated been compulsorily wound up or has been subject to voluntary winding up, or made any compromise or arrangement with its creditors, or ceased trading? YES/NO (Please delete as appropriate). If yes, please give full particulars. 24. Are you engaged in any personal litigation with respect to the management of any business corporation? YES/NO (Please delete as appropriate). If yes, please give full particulars. 25. Have you ever, at any time, been the subject of an investigation in relation to a corporation, including a financial institution? YES/NO (Please delete as appropriate). If yes, please give full particulars. 26. Have you ever been disqualified from acting as a director or similar position3 ? Have you ever, at any time, been the subject of an investigation in relation to a corporation, including a financial institution? YES/NO (Please delete as appropriate). If yes, please give full particulars. 27. Do you have any written complaints made against you by clients or former clients in the last five years which you have accepted, or which are awaiting determination, or have been upheld – by an Ombudsman or complaints scheme? YES/NO (Please delete as appropriate). If yes, please give full particulars. 28. Have you ever been refused entry to, or been dismissed, suspended or requested to resign from, any professional, vocation, office or employment, or from any fiduciary office or position of trust whether or not remunerated? YES/NO (Please delete as appropriate). If yes, please give full particulars. 5 One where the respondent acts in a management capacity or conducts the affairs of any company, partnership or unincorporated association.

OliImac2 / Govt Notices 2020 / FSC / The Financial Services (Consolidated Licensing and Fees) (Amend No. 4) Rules 2020 2 Proof - 28.10.2020 884 Government Notices 2020 29. Have you ever, anywhere, been censured, disciplined or criticised by any professional body to which you belong or have belonged to? YES/NO (Please delete as appropriate). If yes, please give full particulars. 30. In carrying out your duties, will you be acting on the directions or instructions of any other person? YES/NO (Please delete as appropriate). If yes, please give full particulars. 31. In the course of any trial or proceedings involving fraud, dishonesty or similar matters, have you ever been required to give evidence other than as an expert witness? YES/NO (Please delete as appropriate). If yes, please give full particulars. 32. Have you, a family member or a close associate, at any time, been designed as a politically exposed person (PEP)6 ? YES/NO (Please delete as appropriate). If yes, please give full particulars. 6 “politically exposed person” or “PEP” – means a foreign PEP, a domestic PEP and an international organisation PEP; and for the purposes of this definition – “domestic PEP” means a natural person who is or has been entrusted domestically with prominent public functions in Mauritius and includes the Head of State and of government, senior politicians, senior government, judicial or military officials, senior executives of state owned corporations, important political party officials and such other person or category of persons as may be specified by a supervisory authority or regulatory body after consultation with the National Committee; “foreign PEPs” means a natural person who is or has been entrusted with prominent public functions by a foreign country, including Heads of State or of government, senior politicians, senior government, judicial or military officials, senior executives of state owned corporations, important political party officials and such other person or category of persons as may be specified by a supervisory authority or regulatory body after consultation with the National Committee; “international organisation PEP” means a person who is or has been entrusted with a prominent function by an international organisation and includes members of senior management or individuals who have been entrusted with equivalent functions, including directors, deputy directors and members of the board or equivalent functions and such other person or category of persons as may be specified by a supervisory authority or regulatory body after consultation with the National Committee;

OliImac2 / Govt Notices 2020 / FSC / The Financial Services (Consolidated Licensing and Fees) (Amend No. 4) Rules 2020 2 Proof - 28.10.2020 Government Notices 2020 885 33. Declaration I hereby CERTIFY that the above information is complete and correct to the best of my knowledge and belief and I undertake that, as long as I continue to be a director, shareholder, manager, officer or controller of an institution authorised/licensed under any of the above laws, I will notify the FSC of any material changes affecting the completeness of the answers 17 to 29 above within a period of thirty days. I also hereby AUTHORISE the FSC to make such enquires and seek such further information as it thinks appropriate in verifying the information given in the Personal Questionnaire, or in any other documents submitted as part of this application, for the purposes of performing its due diligence and background checks. Misleading the FSC will lead to criminal prosecutions under the Financial Services Act 2007. Name of Respondent Signature Date Supplemental Information If there are any additional information that must be communicated to the FSC, please populate the below section accordingly. Question No. Additional information