27 March 2018

FSC issues Public Notice – Suspension of the Investment Banking Licence held by Alvaro Sobrinho Africa Ltd

Notice is hereby given that in accordance with section 27(7) of the Financial Services Act 2007 (the “FSA”), the Investment Banking Licence held by Alvaro Sobrinho Africa Ltd, having its registered address at 1st Floor, Maeva Tower, Corner Silicon and Bank Streets, Cybercity, Ebene has been suspended with effect from 27 March 2018.

In accordance with section 27(5) of the FSA, Alvaro Sobrinho Africa Ltd shall cease to carry out the activity authorized under its licence but shall remain subject to the obligations of a licensee and to the directions of the Financial Services Commission, Mauritius until the suspension of the licence is cancelled.

Financial Services Commission
27 March 2018

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