LogoRegulatory Alerts
2019-01-01

Securities (Brokerage Fees for Government of Mauritius Securities and Bank of Mauritius Securities) (Amendment) Rules 2019

The Financial Services Commission of Mauritius issued these rules to amend the 2011 brokerage fee framework for government and bank securities. The amendment systematically replaces all references to "CDS" with "Clearing and Settlement Facility" throughout the principal regulations. These updated provisions formally take effect on 16 November 2019.

Financial Services Commission Mauritius logo

Mauritius

Financial Services Commission Mauritius

Click to view thumbnail

Government Notices 2019 2299 OliImac2/Govt Notices/FSC/ 7_Securities (Brokerage Fees for GOM and BOM securities) (Amnd) Rules 2019... - 2nd Proof 14/11/19 Government Notice No. 245 of 2019 THE SECURITIES ACT 2005 FSC Rules made by the Financial Services Commission under section 93 of the Financial Services Act 2007 and section 155 of the Securities Act 2005

  1. These Rules may be cited as the Securities (Brokerage Fees for Government of Mauritius Securities and Bank of Mauritius Securities) (Amendment) Rules 2019.
  2. In these Rules, “principal Rules” means the Securities (Brokerage Fees for Government of Mauritius Securities and Bank of Mauritius Securities) Rules 2011.
  3. The principal Rules are amended by deleting the words “CDS” wherever they appear and replacing them by the words “Clearing and Settlement Facility”.
  4. These Rules shall come into operation on 16 November 2019. Made by the Financial Services Commission on 18 October
Share