Regulatory Alerts2011-01-01
Securities (Brokerage Fees for Government of Mauritius Securities and Bank of Mauritius Securities) Rules 2011
The Financial Services Commission of Mauritius issued these Rules to establish fixed brokerage fees for transactions involving Government of Mauritius and Bank of Mauritius securities traded on a licensed exchange. Clients of investment dealers must pay tiered transaction fees based on the trade value, while primary dealers acting as liquidity providers are exempt. The regulations exclude direct transactions by the State and the Bank of Mauritius, applying to all other market participants according to two distinct fee schedules.
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