RegAlert
2019-10-18

Added · Updated

Securities (Brokerage Fees for Debentures) (Amendment) Rules 2019

The Financial Services Commission of Mauritius amended the Securities (Brokerage Fees for Debentures) Rules 2013 by replacing “CDS” and “SEM” with “Clearing and Settlement Facility” and “securities exchange”. These terminology updates align debenture brokerage fee calculations with current market infrastructure. The amended rules take effect on 16 November 2019.

Financial Services Commission Mauritius logo

Mauritius

Financial Services Commission Mauritius

Scan of the document's first page
Share

Get FSC alerts — same-day email on every new publication.

OliImac2/Govt Notices/FSC/ 6_Securities (Brokerage Fees for Debentures) (Amendment) Rules 2009 - 1st Proof 13/11/19 Vinit/Imac01/Govt Notices/2019/XXXXX - xx.xx.2019 - 1st Proof LEGAL SUPPLEMENT 2297 to the Government Gazette of Mauritius No. 122 of 16 November 2019 OliImac2/Govt Notices/FSC/ 6_Securities (Brokerage Fees for Debentures) (Amendment) Rules 2009 - 2nd Proof 14/11/19 Government Notice No. 243 of 2019 THE SECURITIES ACT 2005 FSC Rules made by the Financial Services Commission under
section 93 of the Financial Services Act 2007 and section 155
of the Securities Act 2005

  1. These Rules may be cited as the Securities (Brokerage Fees for
    Debentures) (Amendment) Rules 2019.
  2. In these Rules, “principal Rules” means the Securities
    (Brokerage Fees for Debentures) Rules 2013.
  3. The principal Rules are amended –
    (a) by deleting the words “CDS” wherever they appear and replacing them by the words “Clearing and Settlement Facility”; (b) by deleting the words “SEM” wherever they appear and replacing them by the words “securities exchange”.
  4. These Rules shall come into operation on 16 November. 2019.
    Made by the Financial Services Commission on 18 October 2019.

Read the rest free

Lineage: In force

Securities Act 20052005Securities Act 2005 (2005-03-25)Financial Services Act 2007 (Ac…2007Financial Services Act 2007 (Act 14 of 2007) (2007-08-21)Securities (Brokerage Fees for …Securities (Brokerage Fees for Debentures) Rules 2013Securities (Brokerage Fees forDebentures) (Amendment) Rules…2019-10-18 · this documentSecurities (Brokerage Fees for Debentures) (Amendment) Rules 2019 (2019-10-18)
amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it

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

More like this from FSC

We email you every new FSC publication the day it's published.

Topics
securities