Regulatory Alerts2008-01-01
Financial Services (Consolidated Licensing and Fees) (Amendment) Rules 2008
The Financial Services Commission of Mauritius issued these 2008 amendment rules to revise licensing definitions and establish a comprehensive fee schedule for financial service providers. The legislation amends the definition of "due date" and replaces the first schedule with detailed processing, fixed annual, and variable fees measured in both Rupees and US dollars across multiple license categories. These standardized charges apply to asset managers, investment dealers, insurers, collective investment schemes, and corporate trust service providers, with specific US dollar rates reserved for global business license holders.
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