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51 articles · Page 4 of 5
P2P lending has, worldwide, been hailed as an innovative solution that democratises financing. Start-ups and small entrepreneurs have typically relied on bank finance to grow. But they present risks that banks are not…
Highlights of the Finance (Miscellaneous Provisions) Act 2020 The Finance (Miscellaneous Provisions) Act 2020 (the Finance Act 2020) was gazetted on 07 August 2020 to implement the measures announced in the National…
Mauritius has been chosen, for a period of at least four years, as the International Telecommunication Union (ITU) Centre of Excellence in the priority area of Cybersecurity in Africa, following a meticulous evaluation…
In this paper, Raj Makoond reviews the limited legislative changes that have occurred with respect to the funding of political parties in Mauritius. He argues that, with the recent EU blacklisting, the absence of a…
On 7 May 2020, Mauritius was informed of the European Commission (EC) decision to list all the 11 third countries listed by Financial Action Task Force (FATF) including Mauritius as High Risk Third Country. The list is…
On the 1st September 2020, by way of regulation, the Mauritian Government has decided to reduce the payable fees, from Rs 15,000 to Rs 5,000, to restore a company on the Registrar of Companies’ register.
Mauritius has set in motion an action plan for it to be removed from the EU blacklist within the briefest possible delay. The regulatory framework of the jurisdiction is being reinforced to ensure that all…
Mauritius has been included, since Thursday, October 1, 2020, on the blacklist of countries suspected of participating, indirectly, in money laundering and terrorist financing. This sanction endangers its offshore…
On 7 May 2020, Mauritius was informed of the European Commission (EC) decision to list all the 11 third countries listed by Financial Action Task Force (FATF) including Mauritius as High Risk Third Country. The list is…
Mauritius had been taking a bit longer to greenlight India-focused funds in the recent past, with the country’s financial services regulator busy in activities aimed at exiting the grey and black lists of the Financial…
Last week, the wealth manager AMP has finally accepted its fate. It has stopped its operations and has put up the ‘For Sale’ sign. As you might have guessed, this was not a sudden decision. The firm had been struggling…
To align the Mauritius International Financial Centre to international norms and standards pertaining to AML/CFT and meet the Financial Action Task Force (FATF) requirements, the Anti-Money Laundering and Combatting the…
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