Gazetted on the 5 August 2021, the Finance (Miscellaneous
provisions) Act, brings about amendments made to the legislative
structure of the Mauritian jurisdiction. In the previous segment of
the Axis and BLCR Finance Act series we highlighted the key
amendments implemented to Business Vehicles for a more streamlined
structuring process which can be accessed
HERE.
This fourth section of the Axis & BLCR Finance act series
covers the legislative amendments made to the "Regulatory and
Compliance" sector, highlighting the key amendments made to
the Bank of Mauritius Act, Banking Act, Economic Development Board
Act, Financial Intelligence and Anti-Money Laundering Act,
Financial Reporting Act, Financial Services Act, Information and
Communication Technologies Act, Insurance Act, Interpretation and
General Clauses Act, Local Government Act, Merchant Shipping Act,
Prevention of Corruption Act, Prevention of Terrorism Act and
United Nations (Financial Prohibitions, Arms