It is a fact that any financial instrument cannot exist in isolation, neither can any proposed policy with regards to the sector. The recent budgetary measures with regards to the financial sector, actively promoted by the FSPA, represents a new ecosystem for the sector. A much needed one with more substance.
The previous model encompassed mostly, banks, used primarily as parking space for funds, management companies, lawyers and auditing firms. That model gave Mauritius the bad image of a tax haven, wrongly most would say, nevertheless there has been few cases which spoilt the basket of eggs.
The New Ecosystem Of The Mauritius International Financial Services Centre
The New Ecosystem Of The Mauritius International Financial Services Centre
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