Financial Services (Consolidated Licensing and Fees) (Amendment No. 2) Rules 2020

The text below is an internet version of the rules issued by the Commission under the Financial Services Act 2007, Securities Act 2005 and Insurance Act 2005 and is for information purpose only. Whilst reasonable care has been taken to ensure its accuracy, the authoritative version is the one published in the Government Gazette of Mauritius. THE FINANCIAL SERVICES ACT 2007 FSC Rules made by the Financial Services Commission under Section 93 of the Financial Services Act 2007, Section 155 of the Securities Act 2005 and Section 130 of the Insurance Act 2005.

1. These rules may be cited as the Financial Services (Consolidated Licensing and Fees)
   (Amendment No. 2) Rules 2020.
2. In these rules –
   “principal rules” means the Financial Services (Consolidated Licensing and Fees) Rules 2008.
3. Part 1 of the First Schedule to the principal rules is amended in the table for “Providers of
   Market Infrastructure” by deleting item “SEC-1.3” and replacing it by the following new item – Code Licence Section of Act Processing Fee (Rs) Fixed Annual Fee (Rs) Variable Annual Fee SEC-1.3 Securities Trading Systems S 11 250,000 Minimum of 500,000 To be determined by the Commission
4. These rules shall come into operation on 11 June 2020.
   Made by the Financial Services Commission on 11 June 2020.