Regulatory Alerts2022-01-01
Financial Services (Consolidated Licensing and Fees) (Amendment No. 2) Rules 2022
The Financial Services Commission of Mauritius has issued Amendment No. 2 to its Consolidated Licensing and Fees Rules, introducing a standardized fee structure for virtual asset service providers and initial token offering issuers. The amendment updates the First Schedule by establishing five specific virtual asset licence classes—broker-dealer, wallet services, custodian, advisory, and market place—alongside a dedicated class for token issuers. Each licence class now carries defined processing and fixed annual fees denominated in both United States dollars and Mauritian rupees, with the regulations taking effect on 7 May 2022.
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