Regulatory Alerts2008-01-01
Financial Services (Consolidated Licensing and Fees) Rules 2008
The Financial Services Commission of Mauritius consolidates licensing procedures and fee structures for financial services, global business, and authorized companies under the Financial Services Act 2007, Securities Act 2005, and Insurance Act 2007. The Rules mandate standardized application forms, processing fees, and detailed annual fee schedules featuring fixed and variable components based on license type and beneficiary count. They further establish fitness and propriety assessments through Personal Questionnaires while defining clear procedures for license issuance, termination, lapse, and reinstatement.
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