The Financial Services Commission serves as the main regulatory body for non-banking financial services in Mauritius. Established in 2001 under the Financial Services Development Act, the FSC plays a critical role in fostering stability, transparency, and investor safeguarding within Mauritius’ financial sector.
Operating autonomously, the FSC ensures impartiality and accountability in carrying out its regulatory functions.
Licensing and Regulation
The FSC is entrusted with the task of granting licences to various financial service providers, such as global business companies, asset management firms, insurance companies. The FSC ensures that licence applicants meet strict criteria and uphold the highest levels of professionalism and risk management.
Supervision and Compliance
The FSC ensures their dedication to relevant laws, regulations, while safeguarding the interests of investors and maintaining the overall stability of the financial system.
Conclusion
The Financial Services Commission of Mauritius plays an important role in maintaining financial stability and safeguarding investor interests.The FSC has developed a business-friendly environment, attracting international investors and positioning Mauritius as a preffered destination for financial services.
