Investment dealer licence in Mauritius

About This Company

Passporting rights do not attach to this authorisation because its reach is purely domestic. Licence classification under the Securities Act 2005 falls under FSC code SEC-2.1B for an Investment Dealer (Full Service Dealer excluding Underwriting). In practice, market application fees range from USD 500 to USD 3,250. Ongoing regulatory supervision is handled by the Financial Services Commission from Ébène. Statutory duties under the Financial Services Act 2007 empower the FSC to monitor conduct across securities, investment funds, insurance, pensions, and virtual assets. Under Section 23 of the Financial Services Act 2007 and Section 16 of the VAITOS Act 2021, any issue or transfer of shares or legal or beneficial interest requires prior approval from the FSC. Any unapproved transfer is void under Section 23. Written notification to the Commission must be submitted for share transfers under 5% or transfers between existing shareholders that do not alter control. Controllers who hold not less than 20% of shares or voting power, or exercise significant influence, or possess board appointment powers must undergo fit and proper vetting alongside beneficial owners. A search of the public register allows the buyer to verify the company's full legal name, licence reference number, and current authorization status.