To nurture the dynamism of the financial services industry, Government will pass an innovative and competitive law on Private Foundation. This will allow the setting up of foundations in the Global Business Sector to further promote Mauritius as a platform for wealth management, services, succession and estate planning as well as pension funds.
The Financial Services Commission (FSC) will seek recognition as an equivalent jurisdiction with other financial centres. This will expand the scope for the Mauritian financial industry to market its products internationally.
Government is also undertaking a study on the appropriate fiscal regime to improve the competitiveness of Mauritius as a business centre for Funds whilst staying in line with responsible international norms.
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