16 September 2016

FSC Mauritius: Investment Banking Licence – FS-6.1

An Investment Bank holding an Investment Banking Licence and regulated by the Financial Services Commission (FSC) will be exempt from corporate tax for 5 years. 

An Investment Bank may by way of business engage, in one or more of the following activities:
  1. Investment Dealer (Full Service Dealer including underwriting);
  2. Investment Adviser (Unrestricted)
  3. Investment Adviser (Corporate Finance Advisory);
  4. Asset Management;
  5. Distribution of Financial Products; or
  6. such similar activities as may be approved by the FSC
Application
Licensing Criteria
FSC Processing Fee: MUR 100,000
FSC Fixed Annual fee: MUR 300,000
Minimum Stated Unimpaired Capital: MUR 50,000,000

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