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2020-01-01

Financial Services (Global Business Corporations) (Amendment) Rules 2020

The Financial Services Commission of Mauritius issued these amendment rules to modify the 2019 Global Business Corporations framework. The amendments specifically expand Rule 3 to include applicants for an Investment Banking Licence under section 79A of the Financial Services Act. These rules were formally made and deemed effective as of 11 June 2020.

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The text below is an internet version of the Rules made by the Financial Services Commission under the Financial Services Act 2007 and is for information purpose only. Whilst reasonable care has been taken to ensure its accuracy, the authoritative version is the one published in the Government Gazette of Mauritius FINANCIAL SERVICES ACT FSC Rules made by the Financial Services Commission under section 93 of the Financial Services Act

  1. These rules may be cited as the Financial Services (Global Business Corporations) (Amendment) Rules 2020.
  2. Interpretation In these rules – “principal rules” means the Financial Services (Global Business Corporations) Rules 2019.
  3. Rule 3 of the principal rules is amended by adding after paragraph (d), the following new paragraph – (e) any person applying for an Investment Banking Licence under section 79A of the Financial Services Act.
  4. These rules shall be deemed to have come into operation on 11 June 2020. Made by the Financial Services Commission on 11 June 2020.
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