Regulatory Alerts2021-01-01
Securities (Brokerage Fees for Debentures) (Amendment) Rules 2021
The Financial Services Commission amended the 2013 brokerage fee rules to establish a transparent pricing framework for debenture transactions on securities exchanges. Licensed investment dealers must now recover fair fees from clients, publish maximum rates online, and disclose all applicable charges to the exchange, clearing facility, and Commission. Setting fixed regulatory levies at MUR 2 or 0.0025 percent based on transaction value, the rules remove specific apportionment columns from the schedule and take effect on 3 April 2021.
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