Regulatory Alerts2018-01-01
Financial Services (Authorised Company) Rules 2018
The Financial Services Commission of Mauritius issued the Financial Services (Authorised Company) Rules 2018 to regulate entities authorized under Section 71A of the Financial Services Act. These rules prohibit Authorised Companies from conducting activities specified in the Fourth Schedule or deemed detrimental to Mauritius’s financial reputation and public interest. The regulations define eligible categories of persons, including Global Business Licence holders and existing Category 1 or 2 licence holders, and take effect on 1 October 2018.
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