24 March 2015

FSC Mauritius issues Public Notice - Appointment of Administrator: Lancelot Global PCC and The Four Elements PCC

Public Notice


The Financial Services Commission, Mauritius (the “FSC”) has revoked the Category 1 Global Business Licences and withdrawn the Authorisation to act as a Collective Investment Scheme of Lancelot Global PCC and Four Elements PCC in accordance with section 74 (5) of the Financial Services Act 2007 (the “FSA”) and Regulation 13 of the Securities (Collective Investment Schemes and Closed end Funds) Regulations 2008 on 20 March 2015.

In accordance with Section 48 (1) of the FSA and in the best interest of the investors, the FSC has appointed Messrs. Mushtaq Oosman FCA and Rajeev Basgeet ACA, both Partners at PricewaterhouseCoopers Ltd, as joint administrators in relation to the whole of the business activities of:

1. Lancelot Global PCC;and
2. The Four Elements PCC
(together the “ Companies”)

Contact details of the Administrators are as follows:

PricewaterhouseCoopers Ltd
18 CyberCity
Ebène
Mauritius
Tel: +230 404 5000

The Financial Services Commission
FSC House
54 Cybercity, Ebene
Republic of Mauritius
Tel: +230 403-7000
Fax: +230 467-7172
Email: fscmauritius@intnet.mu

23 March 2015

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