Regulatory Alerts1992-01-01
Stock Exchange (Approved Investment Institution) Rules 1992
The Stock Exchange Commission issued these 1992 rules to establish designation criteria and ongoing compliance obligations for approved investment institutions in Mauritius. Institutions must maintain a minimum twenty million rupees in paid-up capital, submit detailed annual and six-monthly financial reports, obtain Commission approval for major corporate actions, and ensure their appointed managers exercise due care and safeguard shareholder interests. The Commission retains inspection rights and may withdraw an institution’s approved status for rule non-compliance, insufficient public share subscription, or excessive concentration of investments.
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