Securities (Brokerage Fees for Exchange Traded Funds on Foreign Underlyings) (Amendment) Rules 2019

The Financial Services Commission has amended the 2013 brokerage fee rules for exchange traded funds on foreign underlyings by systematically replacing CDS with Clearing and Settlement Facility. This terminology update aligns the principal rules with current market infrastructure standards. The amended regulations come into force on 16 November 2019, ensuring consistent fee calculations across the securities market.

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2298 Government Notices 2019
OliImac2/Govt Notices/FSC/ 8. Securities (Brokerage Fees for ETFs on Foreign Underlyings) Rules 2019... - 2nd Proof 14/11/19 Government Notice No. 244 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

These Rules may be cited as the Securities (Brokerage Fees for
Exchange Traded Funds on Foreign Underlyings) (Amendment) Rules 2019.
In these Rules, “principal Rules” means the Securities (Brokerage
Fees for Exchange Traded Funds on Foreign Underlyings) Rules 2013.
The principal Rules are amended by deleting the words “CDS”
wherever they appear and replacing them by the words “Clearing and Settlement Facility”.
These rules shall come into operation on 16 November 2019.
Made by the Financial Services Commission on 18 October 2019.

Lineage: In force

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