ARTICLE
22 November 2023

Public Consultation – Proposed Regulations For Financial Services In The 2023 Rules Regarding Spot Commodity Markets And Intermediaries

AF
AXIS Fiduciary Ltd

Contributor

Axis Fiduciary Ltd (“Axis”) is a specialist service provider offering a full spectrum of corporate, fiduciary and fund services to a diversified client base. We set up companies, trusts, funds, foundations, partnerships and other legal entities and provide the necessary fiduciary, corporate, secretarial, administration, accounting, tax and other ancillary and support services. Axis is licensed by the Financial Services Commission of Mauritius as a Management Company. We also has a presence in Seychelles
The Financial Services Commission, Mauritius, has proposed amendments to the Financial Services Act by suggesting new financial business activities to be licensed, including spot commodity broker...
Mauritius Finance and Banking

The Financial Services Commission, Mauritius, has proposed amendments to the Financial Services Act by suggesting new financial business activities to be licensed, including spot commodity broker, representative, clearing house, market, trading adviser, and representative. The Financial Services (Spot Commodity Market and Intermediaries) Rules 2023 have been published for public consultation to gather input from industry stakeholders and the general public.

The draft rules are subject to review based on received feedback, and interested parties are encouraged to submit their comments, suggestions, and feedback by November 23, 2023, via email to spotcommodity@fscmauritius.org. The consultation aims to incorporate diverse perspectives before finalizing the rules.

Access the full communiqué HERE.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More