Mauritius: Financial Services Consultative Council (FSCC)

Section 12 of the Financial Services Act 2007 provides for the establishment of a Financial Services Consultative Council (FSCC) which shall consist of –

1. the Minister who shall be the Chairperson;
2. the Financial Secretary, who shall be the Vice-Chairperson;
3. the Governor of the Bank of Mauritius;
4. the Chairperson of the Financial Services Commission (FSC);
5. the Chief Executive of the FSC; and
6. not more than 6 other members designated by the Minister from amongst persons of high calibre and of international repute in their relevant fields.

The objects of the FSCC shall be to act as a think-tank and to serve as a platform for discussions of the latest concepts and international trends in the field of financial services and global business and to formulate suggestions and ideas for the development of the financial services and global business sectors.