In view of establishing Mauritius as the centre for the FinTech ecosystem in the region, the Financial Services Commission, Mauritius (the “FSC”) has been setting up regulatory frameworks for innovation-driven financial services in the jurisdiction over the past years. The FSP licence aims at offering providers of services to financial institutions, with a conducive supervisory regime if they wish to establish a commercial presence and operate in or from Mauritius.
This particular license is that of an investment dealer which incorporated in 2020.
The license is already insured for one year and has obtained pre approval for onboarding with Virtual Pay.
The proposed company holds 2 types of licenses:
The Dealer License, under the Securities Act 2005.
Securities License, under Licensing Rules 2007.
Financial Services License, under Consolidated Licensing and Fees Rules 2008.
Global Business License (GBL), under the Financial Services Act.
Fee schedule
Annual Renewal: $76,000
Monthly Maintenance: $30,000
General
MT4/ Other Systems
8 Employees
2 Banks
Currency: USD
Target Price / Revenue: TBD
Target Price / EBITDA: TBD
