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ARTICLE · 20 JUNE 2008

Update On The Investment And Regulatory Climate In Mauritius

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The Mauritius Legislature has modernised the legal framework that governs the non-banking financial services sector on the island by introducing three new pieces of legislation, and repealing five pieces of legislation that had become outdated.

MauritiusStrategy
Malcolm Moller
Malcolm Moller
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The Mauritius Legislature has modernised the legal framework that governs the non-banking financial services sector on the island by introducing three new pieces of legislation, and repealing five pieces of legislation that had become outdated.

The new legislation comprises The Financial Services Act 2007 of Mauritius (the "FSA"), the Securities (Amendment) Act 2007 (the "Securities (Amendment) Act") amending the Securities Act 2005 (the "Securities Act") and the Insurance Amendment Act 2007 amending the Insurance Act 2005 (the "Insurance Act"). All came into force on 28 September 2007. The FSA, Securities Act and the Insurance Act are hereinafter referred to as the "Acts".

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