Regulatory Alerts2021-03-06
Added · Updated
Financial Services (Consolidated Licensing and Fees) (Amendment) Rules 2021
The Financial Services Commission has amended the First Schedule to its Consolidated Licensing and Fees Rules 2008 by updating the fee structures for single and multiple Family Office licenses under Section 14. The amendment introduces specific Mauritian Rupee equivalents alongside existing United States Dollar amounts for processing, fixed annual, and variable annual fees. These revised fee schedules officially commence on 6 March 2021, directly adjusting licensing costs for family office operators.
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