Regulatory Alerts2016-01-01
Financial Services (Consolidated Licensing and Fees) (Amendment No. 4) Rules 2016
The Financial Services Commission amended the First Schedule of its 2008 Consolidated Licensing and Fees Regulations to introduce two new fee categories for overseas family offices. The amendment distinguishes between single and multiple family structures, establishing specific licensing fees in both Mauritian Rupees and US Dollars. Tiered pricing applies to multiple family offices, charging a base rate for the first family and reduced fees for each additional family.
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