The Financial Services Commission Releases The Settlement Framework

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

Explore Firm Details

The Financial Services Commission ("FSC") has through a Communique on 11 December 2020 published its "Settlement Framework". The Settlement Framework sets out a means through which timely and

Mauritius Finance and Banking

The Financial Services Commission ("FSC") has through a Communique on 11 December 2020 published its "Settlement Framework". The Settlement Framework sets out a means through which timely and proportionate enforcement outcomes can be achieved in appropriate cases. This Framework delivers on a key commitment of the FSC to adopt "Settlement" as part of its enforcement process.

Read the full communique HERE.

Read the Settlement Framework HERE.

Read the FAQs on the Settlement Framework 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.

The Financial Services Commission Releases The Settlement Framework

Contributor

Finance and Banking

Contributor

Mauritius