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Effective 7 April 2020, SEBI has amended their FPI Regulations, 2019 to provide that FPI applicants from a non-FATF member country may also qualify for a Category I registration provided such country is specified...
Mauritius started the year on a high note in the area of anti-money laundering and countering the financing of terrorism ("AML/CFT")
The Mauritian Financial Services Commission (FSC) has issued, on 13 January 2020, its first ‘Anti-Money Laundering and Countering the Financing of Terrorism Handbook' (AML/ CFT Handbook).
This adds to its improved World Bank ranking of 13th in ease-of-doing business and its confirmation of being compliant with the EU good governance principles
Mauritius has made significant alterations to laws related to anti-money laundering following its Eastern and Southern Africa Anti-Money Laundering Group mutual evaluation in 2018 which highlighted the deficiencies ...
As was announced in our June 2018 eAlert , the National Budget for the fiscal year 2018/2019 was tabled before the National Assembly. Since then, a number of important changes and amendments...
When the Constitution was enacted in 1968, there was not much business around apart from sugar cane, industries accessory to it and basic trade and commerce for the needs of colonial Mauritius.
The data published by the Mauritius central bank and central statistics bureau in April shows that in 2016 China is the second largest foreign investor in and the largest exporter to (17.7%) Mauritius.
The 2017-2018 Budget Speech having for theme "Rising to the Challenge of our Ambitions'' was presented by The Honourable Pravind Kumar Jugnauth, Prime Minister, Minister of finance and...
What systems of law are used within your jurisdiction and what are they used for (i.e. English law for project development, New York law for high yield issues)
Mauritius reiterates its commitment to combat cross-border financial crimes.
Are there any restrictions or limitations with respect to exchange control? There are no restrictions on currency and capital exchange in Mauritius.
The attractiveness of Mauritius is enhanced by the fact that it offers a regulated business environment which is very conductive to investment and business growth.
Public-private partnerships are a growing trend in many countries, and are fast becoming an efficient mechanism for large energy and infrastructure projects and essential services in Sub-Saharan Africa.
On 29 March 2016, the National Assembly passed the Build Operate Transfer Projects Act.
The 2015/16 Mauritius budget, presented by the Minister of Finance on 23 March 2015, targets a growth rate of 5.3% for 2015/16.