20 October 2014

Mauritius: FSC issues Public Notices warning against two Global Schemes - Four Elements PCC + Lancelot Global PCC

Warning against Four Elements PCC

The Four Elements PCC (‘the Company’) was granted a Category 1 Global Business licence by the Financial Services Commission, Mauritius (the ‘FSC Mauritius’) on 21 May 2008 and was authorised as a Collective Investment Scheme.

On the basis of the findings of the investigation conducted at the registered office of the Company, and in accordance with its functions to protect consumers of financial services, the FSC Mauritius has initiated enforcement actions against the Company. Kindly note that the Company is still subject to enforcement actions by the FSC Mauritius.

You would note that a direction letter was issued to the Company whereby amongst others, the Company was required not to take any new business/investor pending compliance with the other directions to the satisfaction of the FSC Mauritius.

Please be further notified that the above is still in force pending further notice from the FSC Mauritius.

Financial Services Commission, Mauritius
20 October 2014

Warning against Lancelot Global PCC

Lancelot Global PCC (‘the Company’) was granted a Category 1 Global Business licence by the Financial Services Commission, Mauritius (the ‘FSC Mauritius’) on 10 April 2009 and was authorised as a Collective Investment Scheme.

On the basis of the findings of the investigation conducted at the registered office of the Company, and in accordance with its functions to protect consumers of financial services, the FSC Mauritius has initiated enforcement actions against the Company. Kindly note that the Company is still subject to enforcement actions by the FSC Mauritius.

You would note that a direction letter was issued to the Company whereby amongst others, the Company was required not to take any new business/investor pending compliance with the other directions to the satisfaction of the FSC Mauritius.

Please be further notified that the above is still in force pending further notice from the FSC Mauritius.

Financial Services Commission, Mauritius
20 October 2014



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