The Financial Services Commission, Mauritius ( the ‘FSC Mauritius’ ) has come across an Article which appeared on the webpage globalcustody.net (http://www.globalcustody.net/mu/newswire_latest_1769)
Please note that the FSC Mauritius has not licensed any African Stock Exchange with the name of ‘AFSX’ based in Mauritius.
Your attention is drawn to Section 9 of the Securities Act 2005 which states that no person can operate a securities exchange without being granted a licence by the FSC Mauritius.
You are further informed that Section 21 of the Securities Act 2005 restricts the use of the word ‘stock exchange’ except with the approval of the FSC Mauritius.
You may wish to consult the list of holders of a Securities Exchange Licence on the FSC Mauritius website: http://www.fscmauritius.org
The public is urged to exercise due caution.
Financial Services Commission, Mauritius
24 October 2014
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