Financial Services (Other Financial Business Activity) Rules 2008

The Financial Services Commission of Mauritius issued these rules under section 93 of the Financial Services Act 2007 to formally classify specific operations as other financial business activities. The regulations explicitly designate actuarial services, credit rating agencies, payment intermediary services conducted exclusively outside Mauritius, and foreign representative offices as qualifying activities under the Act's Second Schedule. Coming into effect upon publication in the Government Gazette, these rules were subsequently amended by Act No. 17 of 2018 to update their operational scope.

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The text below is an internet version of the rules issued by the Commission under the Financial Services Act 2007 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. Financial Services (Other Financial Business Activity) Rules 2008 GN 200/2008 FINANCIAL SERVICES (OTHER FINANCIAL BUSINESS ACTIVITY) RULES 2008 FSC Rules made by the Financial Services Commission under section 93 of the Financial Services Act 2007.

Citation
These Rules may be cited as the Financial Services (Other Financial Business Activity) Rules 2008
Interpretation
In these Rules -
"Act" means the Financial Services Act 2007.
Financial Business Activities under the Second Schedule of the Act
Other financial business activity under the Second schedule to the Act shall include the activities specified hereunder - (i) Actuarial Services; (ii) Credit Rating Agencies/Rating Agencies; (iii) Payment Intermediary Services conducted exclusively outside Mauritius; (iv) Representative office (for financial services provided by a person established in a foreign jurisdiction). Amended by [Act No.17 of 2018]
Commencement
These Rules shall come into operation on the date of its publication in the Government Gazette. Made by the Financial Services Commission on 22 September 2008.

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Lineage: In force

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Source: Financial Services Commission Mauritius — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works