Regulatory Alerts2016-01-01
Explanatory Notes to the Guidelines for Advertising and Marketing of Financial Products (April 2016)
The Financial Services Commission of Mauritius issued these Explanatory Notes to clarify the application and standards of its 2015 Guidelines for Promoters advertising non-banking financial products. The Notes mandate fair, transparent disclosures using plain language, requiring clear communication of licensing status, risks, costs, terms and conditions, and performance data across all advertising mediums. While excluding certain intermediaries and allowing relaxed disclosure for sophisticated investors, the document maintains that Promoters retain full responsibility for content accuracy and must file public-facing presentations with the regulator.
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