Regulatory Alerts2012-01-01
Financial Services (Consolidated Licensing and Fees) (Amendment No. 2) Rules 2012
Issued by the Financial Services Commission of Mauritius, these rules amend the 2008 licensing regulations to update pension administrator classifications, remove specific specialized financial service codes, and establish a new fee schedule for private pension schemes. The revised framework specifies processing and annual fees in both Rupees and US dollars across multiple authorization codes under the Private Pension Schemes Act 2012. The amendments commenced on 1 November 2012 following their formal issuance on 31 October 2012.
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