Regulatory Alerts2024-01-01
Financial Services (Consolidated Licensing and Fees) (Amendment) Rules 2024
The Financial Services Commission of Mauritius issued these rules to amend licensing and fee requirements by shortening late payment grace periods to fifteen days, extending reinstatement application windows to three months, and updating USD fee schedules for Global Business Companies and Authorised Companies. The amendments allow licence reinstatement on just or reasonable cause, detailing specific reinstatement fees and monthly charges for lapsed licences. These provisions take effect on 1 July 2025.
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