Regulators： Mauritius Financial Services Commission

Regulatory region： Mauritius

License Type： Foreign Exchange Retail License

Application price (USD)： ***

Application frequency： 4months

Maintenance costs (USD)： ****

Company Summary： brief introduction The Mauritius Financial Services Commission ("FSC") is a comprehensive regulatory body for the non bank financial services sector and global operations. Established in 2001, the FSC was authorized by the Financial Services Act of 2007 and is licensed under the Securities Act of 2005, the Insurance Act of 2005, and the Private Pension Plan Act of 2012 to regulate these departments conducting business activities. function 1. Regulation and supervision: FSC regulates and supervises entities licensed and/or registered under its authorized laws. 2. Licensing: The Financial Services (Merger Licensing and Fees) Rules 2008 apply to all entities authorized and regulated by the FSC, aiming to simplify the licensing process by providing a comprehensive set of licensing standards and requirements within a clearly defined and unified framework. 3. Enforcement of regulation and compliance 4. Policy formulation: The FSC formulates policies aimed at ensuring fairness, ef

Product details： 5. Combat fraud and money laundering 6. The FSC has a statutory obligation to promote the development of the financial services sector to address new challenges and achieve economic stability. In this regard, the FSC values the contributions of industry and other stakeholders. 7. Ensure consumer education and protection: The FSC ensures the protection of consumers and investors through a legislative framework. License application In order to conduct global business and other financial services in Mauritius, individuals or institutions must apply for permission from the FSC. The jurisdiction of FSC includes securities, insurance, pension, global business, and other non bank financial institutions.