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The Mauritius Financial Services Commission is an institution which has been created to protect all non bank financial institutions in Mauritius.
Here is how the Mauritius Financial Services Commission works
Provide licensing standards and grant licenses
Enforce Codes and Guidance
Authorise investment services and products
Ensure compliance with expected standards of conduct and the law
Handle complaints
Investigate in fraud practice and take corrective actions.
Conduct off-site and on-site compliance visits of licensed entities.
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Some of the category which falls under non bank financial institutions are cooperatives credit unions, insurance &re-insurance companies, fund managers, portfolio managers, investment managers, asset managers, market intermediaries, brokers, investment advisers, custodians, leasing companies, credit finance companies.
To have a license and be approved in the Financial Services Commission you will need to meet all proper criteria for operation and offer in a transparent and manner that can be understood easily and information of themselves.
The Financial Services Commission was created under the Financial Services Development Act 2001.
The institution is also known as FSC.
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For more information contact:
The Financial Services Commission
4th Floor, Harbour Front Building,
President John Kennedy Street,
Port Louis
Mauritius
Tel:
Fax:
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