Regulatory Alerts2021-01-01
Securities (Brokerage Fees for Government of Mauritius Securities and Bank of Mauritius Securities) (Amendment) Rules 2021
The Financial Services Commission of Mauritius has issued the Securities (Brokerage Fees for Government of Mauritius Securities and Bank of Mauritius Securities) (Amendment) Rules 2021 to modify existing brokerage fee regulations. The amendment removes the terms "total" and "apportioned" from Rule 3 and eliminates designated columns for Securities Exchange, Clearing and Settlement Facility, Investment Dealer, and Total Brokerage Fee from Parts I and II of the Schedule. These revised rules take effect on 3 April 2021, streamlining the fee structure for relevant securities transactions.
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