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Through the Finance (Miscellaneous Provisions) Act 2018, Mauritius has made substantial legislative reforms to its financial services sector, and more specifically, its global business regime.
AXIS Fiduciary Ltd
The Financial Services Commission, Mauritius ("FSC") and the Qatar Financial Centre Regulatory Authority ("QFCRA") have recently entered into a Memorandum of Understanding ("MoU").
The Sovereign Group
The government announced that, from 15 July 2021, all flights will open to Mauritius for fully vaccinated tourists.
AXIS Fiduciary Ltd
The Financial Services Commission ("FSC") has signed an innovation functions co-operation agreement with members of the Canadian Securities Administrators ("CSA").
Ocorian
The Minister of Finance and Economic Development delivered his Budget Speech for the fiscal year 2021/2022 on the 11th June 2021 against the backdrop of the Covid-19 pandemic which had deep effects on the economy.
AXIS Fiduciary Ltd
In his Budget Speech 2020-2021, the Honourable Minister announced that "the New Normal is not imposed on us, it is chosen."...
AXIS Fiduciary Ltd
As private giving from countries around the world is on the rise, Assad Abdullatiff, Managing Director of Axis Fiduciary Ltd, sees opportunities for Mauritius to become a jurisdiction of choice for the structuring and professional management ...
AXIS Fiduciary Ltd
The Financial Services Commission ("FSC") has issued a circular letter on the 17 May 2021 to remind its licensees of the due date for the payment of the annual licence fees for 2021/22 (which is on 1 July 2021)...
AXIS Fiduciary Ltd
The Financial Services Commission ("FSC") has issued a circular letter on 23 April 2021 in relation to the new guidelines for the "conversion" or "shift" of defined benefit pension schemes ...
AXIS Fiduciary Ltd
The Financial Services Commission ("FSC") of Mauritius has issued a circular letter on 8 April 2021 informing Issuers that the FSC will be accepting audited financial statements prepared...
AXIS Fiduciary Ltd
With the current practical constraints arising from the current lockdown situation due to the COVID-19 pandemic, the Financial Services Commission of Mauritius ("FSC") has issued a communiqué
Appleby
The Issuer is an orphan special purpose vehicle owned by a purpose trust established under the laws of Mauritius.
AXIS Fiduciary Ltd
Further to the Temporary Restrictions of Movement Order made by the Prime Minister under section 3 of the Quarantine Act 2020, the Financial Services Commission ("Commission") wishes to inform...
AXIS Fiduciary Ltd
The Financial Services Commission has issued a consultation paper on 9 March 2021 proposing amendments to its regulatory framework to align with international best practices, with the goal of promoting Mauritius ...
AXIS Fiduciary Ltd
The Financial Services Commission has issued a communiqué (the "Communique") on 8 March 2021 to inform its licensees/registered entities that no administrative penalties...
AXIS Fiduciary Ltd
Cross-border investments present many challenges including investment protection issues and fiscal uncertainty
AXIS Fiduciary Ltd
A new platform aimed to regroup all the operators of the Mauritius financial services sector has been launched on Wednesday 10 February 2021.
Appleby
The offering was upsized from a previous offering of USD 175 million in aggregate principal amount of the Notes.
AXIS Fiduciary Ltd
As of 2 February 2021, the Mauritius Revenue Authority ("MRA"), in collaboration with the Financial Services Commission ("FSC"), has implemented a more structured, user-friendly and efficient electronic platform for the application of TRCs.
Bowmans
During the last quarter of 2020, there were some interesting changes in the financial regulatory framework of Mauritius. The following provides a summary of some of them.
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