Publications and News
- FSC Communiqué : Mauritius re-rated as Largely Compliant on FATF Recommendation 15 on New Technologies
At the 22nd ESAAMLG Council of Ministers meeting held on 2 September 2022, the technical compliance re-rating of Mauritius on the Financial Action Task Force (“FATF”) Recommendation 15 was upgraded to “Largely Compliant” on the basis of the progress made by Mauritius in addressing the underlying deficiencies. With this technical compliance upgrade, Mauritius is now “Compliant” or “Largely Compliant” with all the 40 FATF Recommendations.
The compliance of Mauritius with the FATF Recommendations is testimony to our commitment in being a transparent jurisdiction in the global financial services landscape and reaffirms our position as a prominent investment destination. The FSC will continue to protect the integrity of the virtual assets eco-system with a view to uphold the reputation of Mauritius as a robust and credible jurisdiction.
Link to communiqué : https://www.fscmauritius.org/media/131340/fsc-communique-050922.pdf
- FSC Communiqué : New FSC Rules issued under the Virtual Asset and Initial Token Offerings Services Act
The Financial Services Commission, Mauritius (“FSC”) is hereby announcing that the Virtual Asset and Initial Token Offerings Services (Travel) Rules 2022 (the “Rules”) have been issued in accordance with the Virtual Asset and Initial Token Offerings Services Act and are deemed to have come into operation on 01 July 2022.
Link to communiqué & the new Act : https://www.fscmauritius.org/media/131329/fsc-communique-vaitos-travel-rules-2022.pdf
- FSC Communiqué : Variable Capital Company – FAQ
A Variable Capital Company (“VCC”) is a company incorporated under the Companies Act and which carries its activities through its sub-funds and Special Purpose Vehicles (“SPVs”).
A VCC needs to be authorised by the Financial Services Commission, Mauritius (the “Commission”) as a VCC Fund pursuant to the Variable Capital Companies Act (“VCC Act”).
Link to FAQ : https://www.fscmauritius.org/media/129532/faqs-variable-capital-company.pdf
Link to draft VCC Act : https://www.fscmauritius.org/media/112459/draft-vcc-bill.pdf