10 Things Banks And Financial Institutions Should Know About Lending Through Mauritius

Mauritius is known as an established financial centre and platform for foreign investments and debt financing of assets in Africa, Asia and the region offering financing structuring solutions to both institutional investors and international financial institutions. Here are 10 features which foreign lenders may consider when lending in Mauritius.¹

1. Licensing

Up until December 2013, the activity of moneylending in Mauritius by entities not specifically licensed as Mauritian banks under the Banking Act 2004 (BA) was governed by the Moneylenders Act 1960 (MLA). The MLA was repealed on 21 December 2013 and the moneylender licensing regime was consolidated with that of banks under a set of amendments to the BA in 2015.