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  • Article

    New FSC Guidelines On Regulatory Sandbox License

    The Financial Services Commission (the ‘FSC') has recently announced the setting up of FSC Finnovate, the new fintech innovation hub, a measure previously highlighted in the 2021/2022 budget speech.
    MauritiusFinance and Banking
    Orison Legal
    Orison Legal
  • Article

    Finance Bill 2024: Part 1 – Forthcoming Changes In Mauritius Employment Law

    The Finance (Miscellaneous Provisions) Bill 2024 will be formally introduced at the National Assembly this Thursday 18 July 2024. The object of the Bill is to provide for the implementation...
    MauritiusEmployment and HR
    Orison Legal
    Orison Legal
  • Article

    The Draft Vaitos Rules Part 2: Are The Prescribed Disclosures Sufficient To Ensure Consumer Protection?

    In this second article, we highlight the key features of the VAITOS (Client Disclosure) Rules (the ‘Client Disclosure Rules') and the VAITOS (Publication of Advertisement) Rules (the ‘Publication of Advertisement Rules').
    MauritiusMedia, Telecoms, IT, Entertainment
    Orison Legal
    Orison Legal
  • Article

    Structuring Investment Funds In Mauritius As Variable Capital Companies – The Benefits, Novelty And Expectations

    The Variable Capital Companies Act 2022 (the "VCC Act") was passed on 12 April 2022 and gazetted on 15 April 2022, with its coming into force to be proclaimed at a later date.
    MauritiusFinance and Banking
    Orison Legal
    Orison Legal
  • Article

    Employment Bulletin – Q2 2023

    The new Public Health (Restrictions on Tobacco Products) Regulations 2022 (the "Regulations"), which came into operation on 31 May 2023, prohibits smoking in the workplace...
    MauritiusEmployment and HR
    Orison Legal
    Orison Legal
  • Article

    PRGF – An Employer's Cheat Sheet (Updated – JAN 2022)

    The Portable Retirement Gratuity Fund (PRGF) is a fund established under the Workers' Rights Act 2019. Where an employee is eligible to join the PRGF, ...
    MauritiusEmployment and HR
    Orison Legal
    Orison Legal
  • Article

    Finance Bill 2023 – An Overview For Businesses

    On 07 July 2023, the Cabinet approved the introduction of the Finance (Miscellaneous Provisions) Bill 2023 into the National Assembly. The object of the Bill is to provide for the implementation of the measures...
    MauritiusTax
    Orison Legal
    Orison Legal
  • Article

    The Draft VAITOS Rules Part 3: Are There Sufficient Systems And Controls To Protect Rights Of Virtual Asset Owners?

    The general obligations of a virtual asset service providers (the ‘VASP') under the VAITOS (Statutory Returns) Rules 2022 (the ‘Statutory Returns Rules') and the VAITOS (Cybersecurity) Rules 2022...
    MauritiusTechnology
    Orison Legal
    Orison Legal
  • Article

    The Draft Vaitos Rules Part I: Is The Regulatory Space Now Complete?

    The Virtual Asset and Initial Token Offering Services Act 2021 (the "Act") came into force on 07 February 2022. With a view to regulate the AML/CFT risks inherent in virtual assets, ...
    MauritiusFinance and Banking
    Orison Legal
    Orison Legal

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